Log Lane Village, CO vs Rangely, CO

Log Lane Village, CO and Rangely, CO have a very similar cost of living, with only a 2.6% difference in their overall index. Log Lane Village scores 73 while Rangely scores 75 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 Log Lane Village is $800/month compared to $774/month in Rangely — a 3% difference. Interestingly, home values tell a different story: while Rangely has cheaper rent, Log Lane Village actually has lower median home values ($140,400 vs $192,200).

Median household income in Log Lane Village is $64,688 compared to $75,044 in Rangely (-13.8%). While Rangely is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Log Lane Village spend roughly 14.8% of their income on rent, more than the 12.4% in Rangely.