Cripple Creek, CO vs Wray, CO

Wray is moderately more affordable than Cripple Creek, with a 8.9% lower cost of living index. Cripple Creek scores 87 compared to 80 for Wray, where the US average is 100. This difference means residents of Cripple Creek can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cripple Creek is $1,078/month compared to $909/month in Wray — a 19% difference. Home values follow the same pattern: Wray is more affordable at $205,900 median vs $244,600.

Median household income in Cripple Creek is $39,198 compared to $57,318 in Wray (-31.6%). Wray offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cripple Creek spend roughly 33% of their income on rent, more than the 19% in Wray. The Wray ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.