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College Professor Salary in Laramie, WY

How much does a college professor make in Laramie? Explore median, entry-level, and senior salaries adjusted for Laramie's cost of living.

Median Salary
$86,627
per year in Laramie
Entry Level
$51,788
Starting salary
Senior Level
$127,116
Experienced professionals
Cost of Living
107
7% above national avg

Salary Breakdown by Experience Level

See how college professor salaries break down across different pay periods in Laramie.

PeriodEntry LevelMedianSenior
Annual$51,788$86,627$127,116
Monthly$4,316$7,219$10,593
Biweekly$1,992$3,332$4,889
Weekly$996$1,666$2,445
Hourly$25$42$61

Laramie vs National Average

How Laramie's college professor salaries compare to national figures.

Laramie Salary
$86,627
COL Index: 107
National Average
$92,000
COL Index: 100
Difference
-$5,373
Lower in Laramie

Cost of Living in Laramie

1-Bedroom Rent
$1,500
per month
Median Income
$54,234
per year
Population
32,434
residents
Rent % of Income
33.2%
median household
Cost of Living Index: 107 — A score of 100 represents the U.S. average. Salaries in Laramie have been adjusted to account for local cost differences.

About College Professor

Overview

Teach college courses and conduct research in their field of expertise.

Education

PhD or Master's degree in subject area

Key Skills

Subject ExpertiseResearchLecturingAcademic Writing

Growth Rate

Expected job growth: +15% over the next decade

Compare Cities: College Professor Salary

See College Professor salaries in other top cities.

New York, NY
$215,050
+148%
Los Angeles, CA
$195,482
+126%
Chicago, IL
$108,192
+25%
Houston, TX
$86,526
0%
Phoenix, AZ
$91,770
+6%

Explore Related Data for Laramie & WY

Dig deeper into the numbers behind a college professor salary in Laramie — cost of living, take-home pay, affordability, taxes, and retirement projections all in one place.

Cost of living in Laramie

Full breakdown of expenses, rent, and local purchasing power.

Take-home pay on $85,000 in WY

Federal tax, state tax, Social Security, and Medicare breakdown.

What you can afford on $90,000 in WY

Home price, rent, and monthly spending guidelines for this income.

Tax brackets on $85,000 in WY

See exactly which brackets your income falls into.

College Professor salary across all of WY

State-level salary data beyond just Laramie.

$350,000 mortgage in WY

Monthly payment, property tax, and total interest for a typical home at this income.

Retirement at 30 earning $90,000

Projections, savings benchmarks, and how to stay on track.

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a college professor salary in Laramie.

Salary Breakdown Calculator

See exactly how your salary breaks down into taxes and take-home pay.

Cost of Living Calculator

Understand your expenses and purchasing power in Laramie.

Budget Calculator

Create a personalized budget based on your income and expenses.

Rent vs Buy Calculator

Compare the true costs of renting versus buying in Laramie.

College Professor Salary in Laramie, WY — Complete Guide

Median Salary Overview

The median salary for a college professor in Laramie, WY is $86,627 per year, adjusted for the local cost of living index of 107. This figure reflects typical earnings for experienced professionals in this role, considering Laramie's unique economic conditions.

Salary Range and Experience Levels

Entry-level college professor professionals in Laramie can expect to earn around $51,788 annually. As professionals gain experience, salaries typically increase, with senior-level college professors earning approximately $127,116 per year. This represents a 145% increase from entry to senior level.

Cost of Living Adjustment

Laramie's cost of living index of 107 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Laramie are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $92,000, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a college professor's salary in Laramie typically goes toward housing. With a 1-bedroom apartment averaging $1,500 per month, housing represents about 20.8% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

College Professors are in growing demand across the United States, with an expected job growth of 15% over the next decade. In Laramie, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.