Can I Afford to Live in Cheyenne vs Minneapolis on $50K?

Here's how a $50K/year salary plays out in both cities after taxes, rent, and core living expenses โ€” based on Q1 2026 data.

Cheyenne, WY
$3,160/mo take-home
Rent: $1,150/mo (36% of take-home)
Tight
Minneapolis, MN
$2,748/mo take-home
Rent: $1,700/mo (62% of take-home)
Difficult

Monthly budget breakdown

Expense
Cheyenne
WY
Minneapolis
MN
Monthly take-home (est.)$3,160$2,748
1BR rent$1,150$1,700
Groceries (est.)$365$391
Transport (est.)$35$95
Utilities$148$195
Internet$68$65
Left after essentials$1,394/month$302/month
Cheyenne (Wyoming) has no state income tax, boosting take-home vs Minneapolis (MN rate: 9.9%).

Frequently asked questions

Is $50K a good salary in Cheyenne?

At $50K/year in Cheyenne, your estimated monthly take-home is $3,160. With 1BR rent around $1,150/month, rent takes up 36% of your take-home. That's considered tight.

Is $50K a good salary in Minneapolis?

At $50K/year in Minneapolis, your estimated monthly take-home is $2,748. With 1BR rent around $1,700/month, rent takes up 62% of your take-home. That's considered difficult.

Which city is more affordable on a $50K salary?

Cheyenne leaves you with more money after core expenses โ€” $1,394/month vs $302/month in Minneapolis.

Can I afford to live alone in Cheyenne on $50K?

It's tight. Rent in Cheyenne would take 36% of your $50K take-home pay. You may need to find roommates or look at studios to stay within the 30% rule.

Compare other salary bands โ€” Cheyenne vs Minneapolis

See the full cost-of-living comparison

Rent, groceries, taxes, transportation, and more โ€” side by side.

Full comparison

Take-home estimates use simplified federal/state brackets and do not account for pre-tax deductions, 401(k), or local taxes. Data: Zillow, BLS, Numbeo ยท Q1 2026 ยท For general guidance only