Mills, WY vs Powell, WY
Mills, WY and Powell, WY have a very similar cost of living, with only a 2.7% difference in their overall index. Mills scores 78 while Powell scores 80 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 Mills is $1,047/month compared to $856/month in Powell — a 22% difference. Interestingly, home values tell a different story: while Powell has cheaper rent, Mills actually has lower median home values ($166,800 vs $265,400).
Median household income in Mills is $55,594 compared to $65,077 in Powell (-14.6%). While Powell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mills spend roughly 22.6% of their income on rent, more than the 15.8% in Powell.
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