City Comparison

Ann Arbor vs Casper

Cost of Living Comparison · 2026

Ann Arbor

Michigan
114
Above Average
$400,000
Median Home
$1,600/mo
Median Rent
$65,024
Median Income

Casper

Wyoming
95
Below Average
$265,000
Median Home
$1,000/mo
Median Rent
$70,200
Median Income

The Verdict

20.0%

The cost gap between these cities is 20.0%, with Casper being the more affordable option. A $75,000 income in Ann Arbor has equivalent purchasing power to $62,500 in Casper.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
135
Ann Arbor
82
Casper
Groceries
101
Ann Arbor
96
Casper
Utilities
99
Ann Arbor
96
Casper
Transportation
101
Ann Arbor
85
Casper
Healthcare
101
Ann Arbor
103
Casper

Salary Equivalence

A $75,000 salary in Ann Arbor has the same purchasing power as $62,500 in Casper.

Conversely, $75,000 in Casper equals $90,000 in Ann Arbor.

Living in Ann Arbor vs Casper

Housing Costs

Ann Arbor's housing index of 135 is higher Casper's 82, translating to median home prices of $400,000 vs $265,000. The $135,000 difference in home prices means roughly $8,772 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,600/mo in Ann Arbor compared to $1,000/mo in Casper, a monthly difference of $600.

Grocery & Food Costs

Grocery expenses index at 101 in Ann Arbor and 96 in Casper. A household spending the national average of $475/month on groceries would pay approximately $480/month in Ann Arbor vs $456/month in Casper. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 99 in Ann Arbor and 96 in Casper. Monthly utility bills average approximately $396 in Ann Arbor vs $384 in Casper. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 101 in Ann Arbor and 103 in Casper. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $65,024 in Ann Arbor and $70,200 in Casper. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $57,039 and $73,895 respectively. Casper residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,517/month to housing in Ann Arbor vs $1,638/month in Casper. In Ann Arbor, median rent of $1,600/mo exceeds this threshold, suggesting renters may feel stretched. In Casper, median rent of $1,000/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 53 index points — focus your budget analysis there.

Frequently Asked Questions

Casper is 20.0% more affordable overall with an index of 95 vs 114.
A $75,000 salary in Ann Arbor has equivalent purchasing power to approximately $62,500 in Casper, based on the cost of living difference.
Ann Arbor's housing index is 135 with median homes at $400,000, while Casper's is 82 with median homes at $265,000.

Moving & Relocation Resources

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