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Cost of Living in Moran, WY (83013)

Quick Financial Snapshot

Hourly Living Wage$24.60 / hrBased on 2,080 hrs/yr
Target 50/30/20 Salary$102,336 / yrTo live comfortably
Family of 4 Monthly Cost$9,968 / mo2.3x single adult baseline

Executive Financial Report: Moran (83013)

Navigating the local economic landscape in Moran (83013) reveals an average baseline monthly living cost of approximately $4,264 for a single adult. This comprehensive benchmark reflects essential housing, nutrition, tax, and medical commitments.

Shelter expenses in Moran occupy a healthy and balanced 25% share of monthly expenditures, averaging $1,078 per month for rent and utilities. This moderate allocation provides local residents with adequate financial flexibility for healthcare and personal savings.

To maintain sustainable financial health in Moran (83013) using the popular 50/30/20 budgeting framework, your essential living expenses ($4,264/month) should not exceed 50% of your net take-home pay. Consequently, an individual needs a target gross annual salary of approximately $102,336 to cover necessities while building savings. On an hourly basis, working a standard 2,080-hour work year requires a minimum hourly living wage of $24.60/hour just to meet basic survival costs.

For a family of four (2 adults and 2 children), basic monthly expenditures in Moran increase to $9,968 per month ($119,616/year)—approximately 2.3x higher than the single-adult baseline. Childcare premiums and multi-bedroom housing represent the largest contributors to this family budget increase. Compared against the area median family income of $113,636, local wages provide a 2.22x coverage ratio relative to single-adult baseline expenses.

Commuting and transit expenses average $1,048 monthly in 83013, coupled with $603 in healthcare baselines. Tax obligations consume $612 monthly. Favorable state tax policies in WY help offset federal tax liabilities. Use our interactive tools below to adjust these benchmarks for your specific situation.

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Recalculate costs based on your family size

Total Monthly Cost$4,264Est. $51,171 / year
Housing / Rent$1,07825.3% of monthly budget
Food & Groceries$391Essential food benchmarks
Area Median Income$113,636Annual household average

Expense Distribution

Detailed Monthly Breakdown

Housing$1,078
Food$391
Transportation$1,048
Healthcare$603
Taxes$612
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Frequently Asked Questions

Living Cost FAQs for Moran (83013)

Q: What is the minimum hourly living wage required in Moran, WY (83013)?

To cover essential living costs without financial distress, a full-time worker (2,080 hours/year) in Moran (83013) requires a minimum hourly living wage of $24.60/hour.

Q: How much salary do I need to live comfortably in Moran (83013)?

Following the 50/30/20 budgeting rule (where necessities consume 50% of net income), a single adult needs a target gross annual salary of roughly $102,336 to live comfortably in Moran (83013).

Q: What is the monthly cost of living for a family of four in Moran (83013)?

Estimated baseline monthly living expenses for a family of four (2 adults, 2 children) in Moran (83013) are $9,968 per month ($119,616 per year).