Economist Salary in Laramie, WY
How much does a economist make in Laramie? Explore median, entry-level, and senior salaries adjusted for Laramie's cost of living.
Salary Breakdown by Experience Level
See how economist salaries break down across different pay periods in Laramie.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $51,318 | $86,599 | $118,673 |
| Monthly | $4,277 | $7,217 | $9,889 |
| Biweekly | $1,974 | $3,331 | $4,564 |
| Weekly | $987 | $1,665 | $2,282 |
| Hourly | $25 | $42 | $57 |
Laramie vs National Average
How Laramie's economist salaries compare to national figures.
Cost of Living in Laramie
About Economist
Overview
Research economic data and trends to inform policy and business decisions.
Education
Bachelor's degree in Economics; Master's or PhD common for research roles
Key Skills
Growth Rate
Expected job growth: +17% over the next decade
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See Economist salaries in other top cities.
Explore Related Data for Laramie & WY
Dig deeper into the numbers behind a economist 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.
Economist 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
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Salary Breakdown Calculator
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Cost of Living Calculator
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Budget Calculator
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Rent vs Buy Calculator
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Economist Salary in Laramie, WY — Complete Guide
Median Salary Overview
The median salary for a economist in Laramie, WY is $86,599 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 economist professionals in Laramie can expect to earn around $51,318 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $118,673 per year. This represents a 131% 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 $91,970, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a economist'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
Economists are in growing demand across the United States, with an expected job growth of 17% over the next decade. In Laramie, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.