Stratmoor, CO vs Wray, CO

There is a significant gap in the cost of living between these two cities. Wray is 18.4% cheaper than Stratmoor. With a cost index of 80 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wray to Stratmoor should plan for substantially higher expenses across most categories.

On the housing front, median rent in Stratmoor is $1,244/month compared to $909/month in Wray — a 37% difference. Home values follow the same pattern: Wray is more affordable at $205,900 median vs $276,000.

Median household income in Stratmoor is $62,759 compared to $57,318 in Wray (+9.5%). The higher salaries in Stratmoor partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Stratmoor spend roughly 23.8% of their income on rent, more than the 19% in Wray.