Lovell, WY vs Ranchester, WY

Lovell is moderately more affordable than Ranchester, with a 11.5% lower cost of living index. Lovell scores 71 compared to 80 for Ranchester, where the US average is 100. This difference means residents of Ranchester can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lovell is $690/month compared to $765/month in Ranchester — a 10% difference. Home values follow the same pattern: Lovell is more affordable at $211,500 median vs $295,900.

Median household income in Lovell is $61,620 compared to $65,568 in Ranchester (-6%). The higher salaries in Ranchester partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lovell spend roughly 13.4% of their income on rent, less than the 14% in Ranchester.