Colorado vs Wyoming Paycheck Comparison 2026
Annual salary
Annual salary
Additional options (filing status, deductions)
$2,592 /yr more take-home in Wyoming
$216/mo · $100 a paycheck.
Colorado
Wyoming
$59,001/yr in Colorado vs $61,593/yr in Wyoming.
Colorado
Take-home per paycheck
$2,269.27
$59,001/yr · 26x/yr
Tax rates
Wyoming
Take-home per paycheck
$2,368.94
$61,593/yr · 26x/yr
Tax rates
What this paycheck affords in Colorado vs Wyoming
Sized off $4,917/mo take-home in Colorado and $5,133/mo in Wyoming. Every figure below is a spending rule of thumb, not a tax rule.
Purchasing power
$54,137 is what Colorado take-home is worth at Wyoming prices
Against $61,593 actually paid in Wyoming, leaving Wyoming $7,456/yr ahead once cost of living is taken off.
Rent
$304 /mo more for a two-bedroom in Colorado
$1,523/mo in Colorado, $1,219/mo in Wyoming.
The average two-bedroom takes 31% of take-home in Colorado and 24% in Wyoming — a stretch in Colorado, inside the comfortable range in Wyoming.
Buying a home
$225,000 more for the median home in Colorado
$530,000 in Colorado, $305,000 in Wyoming.
The median home is 1.8× what this salary supports in Colorado and 1.0× in Wyoming. Lenders size a mortgage off gross pay, so the budgets start from $75,000 at a 28% debt-to-income ratio, 6.75% over 30 years, each with its own state property tax rate.
What's left each month
$589 /mo more left over in Wyoming
Colorado has $986/mo spare; Wyoming has $1,575/mo spare.
Both paychecks cover the local average for everything. Splitting rent with one roommate would free up $762/mo in Colorado and $610/mo in Wyoming.
Monthly cost by expense class
Every class on one scale, so housing's share of the month stays visible. Housing is the measured average two-bedroom; the rest are BLS Consumer Expenditure Survey averages moved by each state's cost-of-living index.
Other costs
| Cost | Colorado | Wyoming |
|---|---|---|
| Regular gas | $3.53/gal | $3.20/gal |
| Electricity | $107/mo | $81/mo |
| Infant childcare | $1,820/mo | $777/mo |
Childcare sits outside the budget above because it applies to some households and not others — on its own it is 37% of take-home in Colorado and 15% in Wyoming.
Sources: MERIC/C2ER Cost of Living Index (2025), AAA Fuel Gauge Report (2025), EIA State Electricity Profiles (2024), Child Care Aware of America (2024), Zillow Home Value Index (2025), BEA Regional Price Parities (2024)
Estimate based on 2026 tax rates and standard deductions. Does not include local taxes, itemized deductions, tax credits, or other individual circumstances.
Tax system comparison
Colorado: Colorado has a flat state income tax of 4.40%. All taxable income is taxed at the same rate.
Wyoming: Wyoming has no state income tax. Residents pay only federal income tax, Social Security, and Medicare.
Take-home pay at different salaries (single filer, 2026)
| Salary | Colorado take-home | Wyoming take-home | Difference |
|---|---|---|---|
| $50,000 | $40,863 | $42,355 | -$1,492 |
| $75,000 | $59,001 | $61,593 | -$2,592 |
| $100,000 | $75,488 | $79,180 | -$3,692 |
| $150,000 | $107,899 | $113,791 | -$5,892 |
| $200,000 | $140,835 | $148,927 | -$8,092 |
| $300,000 | $202,685 | $215,177 | -$12,492 |
Positive values mean higher take-home in Colorado. Assumes single filer, no deductions.
FAQ
Which state has lower taxes, Colorado or Wyoming?
At a $100,000 salary, Wyoming results in $3,692 more annual take-home pay. Colorado has a flat state income tax of 4.40%. All taxable income is taxed at the same rate. Wyoming has no state income tax. Residents pay only federal income tax, Social Security, and Medicare.
How much more do you take home in Wyoming vs the other state?
The difference depends on salary. At $50,000, the gap is $1,492/yr. At $150,000, it grows to $5,892/yr. At $300,000, the difference is $12,492/yr.
Do Colorado and Wyoming have the same federal taxes?
Yes. Federal income tax, Social Security, and Medicare are the same in every state. Only state income tax differs. This calculator shows the combined effect of federal and state taxes on your take-home pay.
Is it cheaper to live in Colorado or Wyoming?
Wyoming is cheaper to live in. Cost of living in Colorado is 10% higher than in Wyoming. Colorado's Regional Price Parity is 105.1 and Wyoming's is 95.6 (US average = 100).
Is Wyoming cheaper than Colorado?
Yes. Wyoming has a lower cost of living than Colorado (index 95.6 vs 105.1). Housing is typically the biggest difference between the two states.
Is Colorado more expensive than Wyoming?
Yes. Colorado has a higher cost of living (index 105.1) compared to Wyoming (index 95.6). The national average is 100. Housing costs are typically the largest driver of the difference.
After cost of living, which state is actually cheaper?
At a $100,000 salary, take-home pay of $75,488 in Colorado has the purchasing power of $82,990 in Wyoming terms. Conversely, $79,180 in Wyoming equals $72,023 in Colorado terms. After adjusting for both taxes and cost of living, Colorado comes out ahead.
Colorado vs Wyoming cost of living — what's the difference?
The overall cost of living is 10% different between Colorado and Wyoming. Living costs are 5% above the national average Living costs are about 4% below the national average After taxes and cost of living, Colorado gives you more purchasing power on a $100,000 salary.
Do I need to file state tax returns in both Colorado and Wyoming?
Colorado requires residents to file a state income tax return annually, typically due April 15. Wyoming has no state income tax, so residents do not file a state tax return. If you move between states mid-year, you typically file a part-year resident return in each state for the income earned while living there. Each state has its own tax return form — check your state's department of revenue website for the correct form and e-filing options.
Related tools
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- Pay Raise Calculator — See how a raise changes your take-home pay
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Colorado Paycheck Estimator · Wyoming Paycheck Estimator · All states