Cheyenne, OK vs Walters, OK

Cheyenne, OK and Walters, OK have a very similar cost of living, with only a 0.5% difference in their overall index. Cheyenne scores 63 while Walters scores 62 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cheyenne is $765/month compared to $699/month in Walters — a 9% difference. Interestingly, home values tell a different story: while Walters has cheaper rent, Cheyenne actually has lower median home values ($100,300 vs $127,100).

Median household income in Cheyenne is $57,344 compared to $50,875 in Walters (+12.7%). While Cheyenne is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cheyenne spend roughly 16% of their income on rent, less than the 16.5% in Walters.