Cost of Living in Cheyenne Wells, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.1
100 = national avg
-7.9 vs national average
Living Wage (1 Adult)
$40,504
per year
Living Wage (Family of 4)
$95,738
per year
Cost Index by Category
Housing85.4
Food97.2
Transportation94.3
Healthcare97.7
Utilities95.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$796
per month
2 Bedroom
$1,044
per month
The overall cost of living index in Cheyenne Wells is 92.1, which is 7.9% below the national average. Housing costs are below the national average at an index of 85.4. A single adult needs to earn approximately $40,504 per year to cover basic expenses.