Cody, WY vs Sheridan, WY

Sheridan is moderately more affordable than Cody, with a 9.8% lower cost of living index. Cody scores 93 compared to 85 for Sheridan, where the US average is 100. This difference means residents of Cody can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cody is $1,039/month compared to $933/month in Sheridan — a 11% difference. Home values follow the same pattern: Sheridan is more affordable at $295,300 median vs $357,300.

Median household income in Cody is $68,676 compared to $61,598 in Sheridan (+11.5%). 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 18.2% in Sheridan.