Wyoming variant. This is a Wyoming-specific version of the Auto Insurance Premium Estimator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Auto Insurance Premium Estimator.
Wyoming's average annual auto insurance premium is $1,399 - near the national average. Rates reflect state regulation, traffic density, weather, and uninsured-driver rates.
Why Wyoming auto premiums look the way they do
At $1,399/year ($117/month), Wyoming premiums are shaped by minimum-coverage laws, litigation environment, repair costs, and theft/accident frequency.
Your individual rate depends on driving record, vehicle, credit (where allowed), and coverage limits. The estimator above lets you adjust these to localize the Wyoming average.
About taxes and housing in Wyoming
Wyoming levies no state income tax and also imposes no corporate income tax.
Wyoming has a low effective property tax rate near 0.58%, with median home values around $320,000.
Wyoming's economy is dominated by energy extraction, including coal, oil, and natural gas, along with tourism and ranching.
Worked example: monthly budget in Wyoming
The $1,399 state average works out to $117/month. A clean record and higher deductible can pull you below this; a recent claim or young driver pushes above it.
Quick reference
- State income tax: No state income tax
- State sales tax: 4% (plus 1.44% avg local)
- Median home value: $320,000
- Median household income: $72,495
- Effective property tax rate: 0.58%
- Avg auto insurance: $1,399/yr
Frequently Asked Questions
What is the average car insurance cost in Wyoming?
About $1,399 per year, or $117 per month.
How can I lower my Wyoming premium?
Raise your deductible, bundle policies, maintain a clean record, and compare quotes - rates vary widely between insurers in Wyoming.