Insurance Agent Salary

Cheyenne vs Powell: Insurance Agent Salary (2026)

Compare insurance agent salaries between Cheyenne, WY and Powell, WY. All figures are 2026 estimates projected from BLS 2025 data.

Cheyenne, WY
$78,591
$37.78/hr
Powell, WY
$57,120
$27.46/hr

Side-by-Side Comparison

MetricCheyenne, WYPowell, WY
Median Salary$78,591$57,120
Hourly Rate$37.78$27.46
Entry Level (P10)$44,993$37,181
25th Percentile$55,675$44,629
75th Percentile$137,052$73,114
Top Earner (P90)$141,600$88,536
Total Employed1806
Side-by-side bar chart comparing Cheyenne ($78,591) and Powell ($57,120) insurance agent salaries.CheyennePowellMedian Salary$78,591$57,120Entry Level (P10)$44,993$37,181Top Earner (P90)$141,600$88,536US Median $64,522

Verdict

Cheyenne, WY offers better overall compensation for insurance agents, winning 4 out of 4 metrics compared to Powell.

The salary gap between Cheyenne and Powell is $21,471 (37.59%). Cheyenne's median is +21.80% compared to the US national median of $64,522.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Cheyenne spans $96,607,Powell spans $51,355. Cheyenne has a wider pay range, meaning more potential for high earners but also more variation.

Cheyenne
P10 (Entry)$44,993
P25$55,675
Median$78,591
P75$137,052
P90 (Top)$141,600
Powell
P10 (Entry)$37,181
P25$44,629
Median$57,120
P75$73,114
P90 (Top)$88,536

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Cheyenne ($81,449 effective) pays 36.60% more than Powell ($59,624 effective).

Cheyenne
Nominal: $78,591
CoL Index: 96.491
Adjusted: $81,449
Powell
Nominal: $57,120
CoL Index: 95.8
Adjusted: $59,624

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Cheyenne if…

  • Higher median salary ($78,591/year)
  • Better top-earner potential ($141,600)
  • Larger job market (180 employed)
  • Better purchasing power (CoL-adjusted: $81,449)
  • You prefer the Wyoming area and lifestyle

Choose Powell if…

  • You prefer the Wyoming area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, insurance agent salaries in Cheyenne grew 29.2% from 2019 to 2025, compared to 19.8% growth in Powell over the same period.

Cheyenne, WY

+29.2%

$58,730 (2019) → $75,860 (2025)

Powell, WY

+19.8%

$46,035 (2024) → $55,135 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays insurance agents more: Cheyenne or Powell?

Cheyenne has a higher median insurance agent salary at $78,591/year, compared to Powell at $57,120/year — a difference of $21,471 (37.59%).

What is the hourly rate difference between Cheyenne and Powell?

Cheyenne insurance agents earn $37.78/hr while Powell hygienists earn $27.46/hr (2026 est.).

Should I relocate from Cheyenne to Powell as a insurance agent?

Consider more than just salary when comparing Cheyenne and Powell. Factor in cost of living (CoL-adjusted: Cheyenne = $81,449, Powell = $59,624), job availability (180 vs 6 employed), commute, and career growth potential.

What do entry-level insurance agents earn in Cheyenne vs Powell?

Entry-level (10th percentile) insurance agents earn $44,993 in Cheyenne and $37,181 in Powell. The Cheyenne area offers higher starting salaries.
JL

Written by Jordan Lee, MBA

Career Analyst

Jordan has over 10 years of experience in the insurance industry. He specializes in property and casualty insurance. He has worked in both agency and corporate settings.

Clinically reviewed by Maria Gonzalez, CICData verified by Raj Patel, LUTCF

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.60% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, MBA, a licensed insurance agent with 10+ years of clinical experience. · View source data at BLS.gov