Cost of living in Ranchettes research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Ranchettes is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Wyoming, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Ranchettes is 119, with 100 being the average.
The cost of living index in Ranchettes is 1.2x higher than the national average.
Ranchettes ranks as the #17 cheapest in Wyoming out of 18.
Ranchettes ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in Ranchettes is $414,400.
The median income in Ranchettes is $109,978.
According to the most recent data on the cost of living, Ranchettes has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Wyoming, Ranchettes has a cost of living index that's 1.3x higher than Wyoming's index of 92.
The standard of living in Ranchettes ranks as #17 most affordable out of the 18 places we measured in Wyoming. By definition, that implies Ranchettes ranks as the #1 most expensive place in the Equality State.
For more reading on life in Ranchettes, check out:
Six factors go into calculating the cost of living index in Ranchettes. Here is how it fairs on each of the criteria:
The Services index in Ranchettes is 99.
The Groceries index in Ranchettes is 105.
The Health index in Ranchettes is 95.
The Housing index in Ranchettes is 172.
The Transportation index in Ranchettes is 88.
The Utilities index in Ranchettes is 86.
Living Expense | Ranchettes | Wyoming | National Average | |
---|---|---|---|---|
Overall | 119 | 92 | 100 | |
Services | 99 | 98 | 100 | |
Groceries | 105 | 102 | 100 | |
Health | 95 | 97 | 100 | |
Housing | 172 | 80 | 100 | |
Transportation | 88 | 94 | 100 | |
Utilities | 86 | 84 | 100 |
Housing swings affordability the most between places in Wyoming, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Ranchettes is $414,400.
The Median Rent in Ranchettes is $538.
The Median Income in Ranchettes is $109,978.
The Home Value To Income in Ranchettes is 3.8x.
The Rent To Monthly Income in Ranchettes is 0.06x.
Statistic | Ranchettes | Wyoming | United States |
---|---|---|---|
Median Home Value | $414,400 | $237,900 | $244,900 |
Median Rent | $538 | $878 | $1,163 |
Median Income | $109,978 | $68,002 | $69,021 |
Home Value To Income | 3.8x | 3.5x | 3.5x |
Rent To Monthly Income | 0.06x | 0.15x | 0.2x |
Item | Ranchettes | Wyoming |
---|---|---|
Shampoo | $1.17 | $1.06 |
Movie | $9.91 | $10.68 |
Bowling | $13.05 | $14.67 |
Haircut | $21.11 | $18.62 |
Beauty Salon | $29.43 | $39.05 |
Item | Ranchettes | Wyoming |
---|---|---|
Ground Beef | $3.74 | $4.22 |
Fried Chicken | $1.57 | $1.39 |
Milk | $2.45 | $2.05 |
Potatoes | $4.26 | $3.29 |
Pizza | $11.48 | $10.62 |
Beer | $9.67 | $9.38 |
Toothpaste | $2.2 | $2.34 |
Item | Ranchettes | Wyoming |
---|---|---|
Optometrist | $137.99 | $108.57 |
Doctor | $105.98 | $116.17 |
Dentist | $87.0 | $99.13 |
Item | Ranchettes | Wyoming |
---|---|---|
Gasoline | $1.99 | $2.22 |
Tire Balancing | $39.04 | $50.07 |
Item | Ranchettes | Wyoming |
---|---|---|
All Electricity | $127.89 | $167.67 |
Phone | $180.97 | $175.64 |
The cost of living varies in the cities and towns around Ranchettes. Here's a quick look at the cost of living in the most populous nearby places:
Fort Collins, CO has a cost of living index of 113, 0.9x Ranchettes.
Cheyenne, WY has a cost of living index of 97, 0.8x Ranchettes.
Laramie, WY has a cost of living index of 98, 0.8x Ranchettes.
City | Population | Cost Of Living | Vs. Ranchettes |
---|---|---|---|
Fort Collins, CO | 166,788 | 113 | 0.9x |
Cheyenne, WY | 64,610 | 97 | 0.8x |
Laramie, WY | 31,501 | 98 | 0.8x |
Wellington, CO | 10,769 | 104 | 0.9x |