CHEYENNE — Teton County still is the costliest place to live in Wyoming, according to a new report from the state Economic Analysis Division.
Six consumer categories, including housing, food and transportation, cost 30 percent more than the state average in Teton County, according to the Wyoming Cost of Living Index for the fourth quarter of 2012.
The comparative index provides “a snapshot in time,” said Amy Bittner, senior economist with the state division.
The second priciest place to live was Sublette County, at 10 percent more than the state average, followed by Sweetwater, Campbell, Converse, Natrona, Albany and Laramie counties.
Rural counties Platte, Niobrara and Weston were the least costly.
The value of housing carries the largest weight in the index, 47.4 percent of the total, because of its relative importance in the consumer’s budget, the report said. Transportation carried a 16.9 percent weight; food, 14.3 percent; recreation and personal care, 9.4 percent; medical, 7.4 percent, and apparel, 4.7 percent. The index for housing in Teton County was 54 percent more than the state average cost of housing.
Second highest was Sublette County, at 14 percent higher than the state average, followed by Sweetwater, 9 percent; Campbell County, 6 percent; Natrona County,
4 percent, and Albany and Laramie counties, each 1 percent higher than the state average.
The division also reported that Wyoming had a 2.1 percent increase in the inflation rate from the fourth quarter of 2011 to the fourth quarter of 2012.
The largest increase, 3.4 percent, was in the southeast segment of the state, followed by the northwest, 2.1 percent; central,
1.8 percent; southwest, 1.6 percent and northeast, 0.3 percent.
The national inflation rate was 1.7 percent.