Gunnison, CO vs Rangely, CO

The cost of living difference between Gunnison, CO and Rangely, CO is dramatic. Rangely is 40.4% cheaper than Gunnison, a gap that translates to thousands of dollars per year in household expenses. Gunnison has a cost index of 105 while Rangely sits at 75, 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 Gunnison is $1,120/month compared to $774/month in Rangely — a 45% difference. Home values follow the same pattern: Rangely is more affordable at $192,200 median vs $432,200.

Median household income in Gunnison is $55,313 compared to $75,044 in Rangely (-26.3%). Rangely offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gunnison spend roughly 24.3% of their income on rent, more than the 12.4% in Rangely.