Cheyenne Wells, CO vs Rangely, CO

Cheyenne Wells, CO and Rangely, CO have a very similar cost of living, with only a 0.2% difference in their overall index. Cheyenne Wells scores 75 while Rangely scores 75 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 Wells is $867/month compared to $774/month in Rangely — a 12% difference. Interestingly, home values tell a different story: while Rangely has cheaper rent, Cheyenne Wells actually has lower median home values ($159,800 vs $192,200).

Median household income in Cheyenne Wells is $61,705 compared to $75,044 in Rangely (-17.8%). Rangely offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cheyenne Wells spend roughly 16.9% of their income on rent, more than the 12.4% in Rangely.