The minimum wage in Casper is $7.25/hour in 2026. See how it compares to the MIT living wage of $18.50/hour and local cost of living.
Last updated: May 2026 · Data: MIT Living Wage Calculator, C2ER, U.S. Census, BLS, IRS, state and city sources
Calculate annual, monthly, and weekly income at any hourly wage in Casper.
The minimum wage in Casper is the federal rate of $7.25/hour. Wyoming's own state minimum wage is $5.15/hour, but the federal minimum of $7.25/hour applies to nearly all employers in Casper because federal law preempts the lower state rate. The bigger question for most workers is how that compares to what it actually costs to live in Casper. With average 1-bedroom rent near $900/month and a cost-of-living index of 85 (US average = 100), the gap between the minimum wage and a true living wage is significant.
| Benchmark (Casper, 2026) | Hourly | Annual (full-time) |
|---|---|---|
| Applicable minimum wage | $7.25 | $15,080 |
| MIT living wage (single adult) | $18.50 | $38,480 |
| MIT living wage (family of four, one earner) | $38.00 | $79,040 |
| Federal minimum wage | $7.25 | $15,080 |
| Average rent (1-bedroom, annual) | - | $10,800 |
Living wage figures: MIT Living Wage Calculator for Natrona County. Minimum wage reflects the rate applicable to most private employers in Casper.
Casper sits in central Wyoming on the North Platte River and is the hub of the state's oil and gas industry, with an economy built on energy, healthcare, and its role as a regional commercial and medical center for much of Wyoming.
| Local Metric | Casper (2026 estimate) |
|---|---|
| Metro population | 60,000 |
| County / jurisdiction | Natrona County |
| Cost of living index (US avg = 100) | 85 |
| MIT living wage, single adult | $18.50/hour |
| MIT living wage, one earner supporting a family of four | $38.00/hour |
| Applicable minimum wage | $7.25/hour |
| Average rent, 1-bedroom | $900/month |
| Average rent, 2-bedroom | $1,100/month |
| Median home price | $290,000 |
| Median household income | $68,000/year |
| Combined sales tax rate | 5% |
| Effective property tax rate | 0.6% of value/year |
Local figures are 2026 estimates compiled from the MIT Living Wage Calculator, the C2ER Cost of Living Index, U.S. Census and Zillow housing data, and city and county sources. Verify current figures before relying on them.
The minimum wage in Casper is the federal rate of $7.25/hour. Wyoming's own state minimum wage is $5.15/hour, but the federal minimum of $7.25/hour applies to nearly all employers in Casper because federal law preempts the lower state rate. A full-time worker (40 hours/week, 52 weeks) earns about $15,080 per year gross before taxes at that rate.
Not for a single adult. The MIT Living Wage Calculator estimates a single adult in Natrona County needs about $18.50/hour (roughly $38,480/year) to cover basic costs. That is $11.25/hour above the applicable minimum wage, and a one-earner family of four needs closer to $38.00/hour.
At $7.25/hour, full-time work (2,080 hours/year) produces about $15,080 gross. Part-time at 30 hours/week is roughly $11,310/year. Average 1-bedroom rent in Casper is about $900/month, or $10,800/year.
Wyoming's own state minimum wage is $5.15/hour, but the federal minimum of $7.25/hour applies to nearly all employers in Casper because federal law preempts the lower state rate.
The federal minimum wage is $7.25/hour and has not changed since 2009. Wyoming's own state minimum wage is just $5.15/hour, but the federal minimum of $7.25/hour preempts it for nearly all employers, so $7.25 applies in Casper.