Cody, WY vs Torrington, WY

There is a significant gap in the cost of living between these two cities. Torrington is 27.6% cheaper than Cody. With a cost index of 73 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Torrington 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 $816/month in Torrington — a 27% difference. Home values follow the same pattern: Torrington is more affordable at $194,100 median vs $357,300.

Median household income in Cody is $68,676 compared to $53,393 in Torrington (+28.6%). 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 18.3% in Torrington.