$40K in Boise = $33,524 in Cheyenne

Your $40K salary in Boise (COL 105) has the same purchasing power as $33,524 in Cheyenne (COL 88). Cheyenne is cheaper — your money goes 16% further there.

$40K in Boise, ID
$2,535/mo take-home
Rent: $1,600/mo (63% of take-home)
Difficult
$33,524/yr in Cheyenne, WY
$2,287/mo take-home
Rent: $1,150/mo (50% of take-home)
Difficult

Budget breakdown — $40K in both cities

What $40K actually buys you in each city after taxes and core expenses.

Expense
Boise
$40K
Cheyenne
$40K (same salary)
Monthly take-home$2,535$2,728
1BR rent$1,600$1,150
Groceries$372$365
Transport$45$35
Utilities$145$148
Internet$60$68
Left after essentials$313/month$962/month
To match your Boise purchasing power in Cheyenne, you'd need to earn $33,524/year (16% less than $40K). At that salary, you'd have $521/mo left after essentials — vs $313/mo in Boise.

Frequently asked questions

What is $40K in Boise equivalent to in Cheyenne?

$40K in Boise (COL index 105) has the same purchasing power as $33,524 in Cheyenne (COL index 88). That's 16% less than your current salary.

If I move from Boise to Cheyenne keeping my $40K salary, will I be better off?

Yes. If you keep earning $40K after moving to Cheyenne, you'd have $649 more per month after core expenses — because Cheyenne is cheaper than Boise.

How is the salary equivalent calculated?

The equivalent salary is calculated by multiplying your current salary by the ratio of the two cities' overall cost of living indices: $40K × (88 ÷ 105) = $33,524. This adjusts for differences in housing, food, transport, and general cost of living.

Other salary amounts — Boise to Cheyenne

$50K → $41,905$60K → $50,286$75K → $62,857$80K → $67,048$100K → $83,810$120K → $100,571$150K → $125,714
$40K in Cheyenne → BoiseMoving from Boise to CheyenneBoise vs Cheyenne — full comparisonCan I afford Boise vs Cheyenne on $40K?

Equivalency uses overall COL index ratio. Take-home uses simplified federal/state brackets. Zillow · BLS · Numbeo · Q1 2026 · For general guidance only