Greybull, WY vs Newcastle, WY

Greybull, WY and Newcastle, WY have a very similar cost of living, with only a 4.8% difference in their overall index. Greybull scores 71 while Newcastle scores 67 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Greybull is $835/month compared to $711/month in Newcastle — a 17% difference. Interestingly, home values tell a different story: while Newcastle has cheaper rent, Greybull actually has lower median home values ($159,200 vs $173,500).

Median household income in Greybull is $62,941 compared to $77,014 in Newcastle (-18.3%). Newcastle offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Greybull spend roughly 15.9% of their income on rent, more than the 11.1% in Newcastle.