Housing tops expenses for professionals just getting started

14 May 2021


News

The ability to “make it,” though, often depends not only on an individual’s job, but the location where the individual lives. For example, paying rent in New York City, Chicago or Jackson, Wyoming, will look different than paying rent in Akron, Ohio, or Fort Wayne, Indiana.

So how does that look for young people just starting out in Sheridan County, Wyoming?

As one would imagine, it all depends. Age, sex and industry occupation all factor into the financial security of people under the age of 40.

Bare necessities

In February 2020, the Wyoming Women’s Foundation published work by Diana M. Pearce, director of the Center for Women’s Welfare at the University of Washington School of Social Work. The study — “The Self-Sufficiency Standard for Wyoming 2020” — examines the cost of living for families in the state.

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