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City risk detail

Cost of living exposure in Mills, WY

Cost of living exposure focuses on housing costs relative to income. Rising rents, higher monthly housing costs, and elevated rent-to-income ratios can squeeze budgets even when incomes rise.

Risk score

72

/ 100

Relative score based on currently available metrics.

Risk metrics

  • Median gross rent$1,047
  • Median home value$166,800
  • Median monthly housing costs$1,008
  • Rent as % of household income33.2%
  • Rent growth (YoY)+18.7%

Data status: Available

Scope: City-level (place) | Source: ACS 2023 5-year | 2023

Why it matters

In Mills, Higher exposure leaves less discretionary income and raises the risk of rent burden or displacement.

What we measure

  • Median gross rent
  • Median monthly housing costs
  • Median home value
  • Rent-to-income ratio
  • Rent growth (YoY)

Key sources

  • U.S. Census Bureau ACS 5-year