Cheyenne Wells, CO vs Red Feather Lakes, CO

There is a significant gap in the cost of living between these two cities. Cheyenne Wells is 27.7% cheaper than Red Feather Lakes. With a cost index of 75 vs 104, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cheyenne Wells to Red Feather Lakes should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Cheyenne Wells are $159,800 compared to $359,600 in Red Feather Lakes, a 56% gap.

Median household income in Cheyenne Wells is $61,705 compared to $133,444 in Red Feather Lakes (-53.8%). While Red Feather Lakes is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.