What does a Insurance Agent salary really buy you in Wyoming?
Wyoming is 8.1% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Wyoming's Regional Price Parity (RPP) is 91.9, meaning prices are 8.1% lower the national average. A Insurance Agent earning $55,770 in Wyoming has the equivalent purchasing power of $60,685 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Wyoming's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $38,370 | $41,751 | +$3,381 |
| 25th Percentile (P25) | $47,570 | $51,762 | +$4,192 |
| Median (P50) | $55,770 | $60,685 | +$4,915 |
| 75th Percentile (P75) | $76,220 | $82,937 | +$6,717 |
| 90th Percentile (P90) | $131,000 | $142,546 | +$11,546 |
A Insurance Agent in Wyoming earns $55,770 on paper, but low living costs mean your money goes 9% further — like earning $60,685 in an average-cost state. This makes Wyoming one of the best value states for this occupation.
Where does Insurance Agent salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Wyoming ranks #24 out of 50 states for Insurance Agent after cost-of-living adjustment.
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A Insurance Agent in Wyoming earns a median salary of $55,770 per year. After adjusting for Wyoming's cost of living (RPP=91.9), the real purchasing power is $60,685 — a +8.8% difference.
Wyoming's cost of living is 8.1% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Wyoming is 91.9 (US average = 100).
Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Insurance Agent in Wyoming: $55,770 x (100 / 91.9) = $60,685. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Insurance Agent in Wyoming enjoys 8.8% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.