Gunnison, CO vs Wray, CO

The cost of living difference between Gunnison, CO and Wray, CO is dramatic. Wray is 31.2% cheaper than Gunnison, a gap that translates to thousands of dollars per year in household expenses. Gunnison has a cost index of 105 while Wray sits at 80, 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 $909/month in Wray — a 23% difference. Home values follow the same pattern: Wray is more affordable at $205,900 median vs $432,200.

Median household income in Gunnison is $55,313 compared to $57,318 in Wray (-3.5%). 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 Gunnison spend roughly 24.3% of their income on rent, more than the 19% in Wray.