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7.7% inflation in Wyoming slightly outpaces U.S. average over last year

Michaela and Joe Beals push their son Hayes through the snowy parking lot after a shopping trip to Target on Saturday, November 30, 2019, in Casper. (Dan Cepeda, Oil City File)

CASPER, Wyo — The snapshot price of 140 consumer items rose an average of 7.7% in Wyoming compared to last year, according to the Wyoming Economic Analysis Division’s biannual cost-of-living index released Friday.

The report measures inflation by two metrics: year-over-year, and by comparing each county’s inflation rate to the statewide average (not over time). Teton County’s comparative index of 165 means that the cost of living there was 65% more than the statewide average.

Transportation costs saw the biggest increase, rising by 23.3%.

Statewide inflation by consumer category is as follows:  

  • Transportation: 23.3% 
  • Recreation & Personal Care: 8.0%       
  • Housing: 5.5%  
  • Apparel: 4.6%  
  • Medical: 3.6%                 
  • Food: 1.9%      
Wyoming’s Economic Analysis Division’s biannual cost-of-living index released Friday.

Goods in the six categories were priced in 28 cities and towns, with categories “weighted” to their “overall importance in the average consumer’s budget.” (Housing is weighted the highest.)

Inflation was slightly less in Natrona County compared to the statewide average in all but the cost of recreation and personal care.

The cost of rent for a two-bedroom apartment rose by 2.8% percent (compared to 4.2% statewide), while the price of a single-wide mobile home rose 12.9% (compared to the 6.7% rise statewide).

The cost of a single-family home fell less than 1% while prices statewide rose 5.3%.

Wyoming’s Economic Analysis Division’s biannual cost-of-living index released Friday.
Wyoming’s Economic Analysis Division’s biannual cost-of-living index released Friday.

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