In Wyoming, homeowners' insurance rates are $1,263, about $200 cheaper than the national average of $1,445 per year (2020). The average cost of homeowners insurance in Wyoming can even be more affordable with a basic homeowner insurance plan at $940. Wyoming is the 32nd most expensive state in the United States for homeowners insurance. This makes it more affordable than a whooping 31 states out of 50 states in the United States and cheaper than a whooping 18 states out of 50. The average monthly cost in Wyoming is $105.25. Homeowners insurance rates in Wyoming are one of the most affordable homeowners insurance in the United States. The natural disasters that Wyoming experiences yearly makes having homeowners insurance in Wyoming of prime importance. If you are a homeowner without one, you are missing out big time. The rate is not fixed, though; it varies from location to location. It can be higher than the state average in some places, and in other areas, it can be lower than the state average. The cheapest cities for homeowners insurance in Wyoming are Green River and Rock Springs. These cities have an average yearly homeowners insurance cost of $986, which is 21.95% lower than the state average of $1,236 per annum. The costliest city for homeowners insurance in Wyoming is Cheyenne, with an average yearly homeowners insurance cost of $1,642, which is 29.99% more expensive than the state average. The percentage of homeowners occupied 30% or more on rent and utilities in Arkansas is 38.0%, ranking it as the 3rd best state in this index.