Cody, WY vs Mills, WY

There is a significant gap in the cost of living between these two cities. Mills is 19.6% cheaper than Cody. With a cost index of 78 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mills to Cody should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cody is $1,039/month compared to $1,047/month in Mills — a 1% difference. Interestingly, home values tell a different story: while Cody has cheaper rent, Mills actually has lower median home values ($166,800 vs $357,300).

Median household income in Cody is $68,676 compared to $55,594 in Mills (+23.5%). While Cody is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cody spend roughly 18.2% of their income on rent, less than the 22.6% in Mills.