Cooke City, MT vs Wyola, MT

The cost of living difference between Cooke City, MT and Wyola, MT is dramatic. Wyola is 44.9% cheaper than Cooke City, a gap that translates to thousands of dollars per year in household expenses. Cooke City has a cost index of 99 while Wyola sits at 69, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Cooke City is $1,225/month compared to $559/month in Wyola — a 119% difference. Home values follow the same pattern: Wyola is more affordable at $232,700 median vs $362,500.

Median household income in Cooke City is $41,750 compared to $48,750 in Wyola (-14.4%). Wyola offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cooke City spend roughly 35.2% of their income on rent, more than the 13.8% in Wyola. The Wyola ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.