Median Home Price
$329,077.13
Median Rent
$1,360.9/mo
Price-to-Rent RatioTIE
20.2
Property Tax RateTIE
0.61%
Price Change (1Y)
-1.1%
Price Change (5Y)
-5.3%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$188,118
Median Home PriceBETTER
$287,105.24
Median RentBETTER
$1,178.83/mo
Price-to-Rent RatioTIE
20.3
Property Tax RateTIE
0.61%
Price Change (1Y)BETTER
+4.1%
Price Change (5Y)BETTER
+20.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$108,727
Key Differences
Home Prices
Gillette's median home price of $329,077.13 is higher than Rock Springs's $287,105.24 by 15%.
Monthly Rent
Renting in Gillette costs $1,360.9/mo compared to $1,178.83/mo in Rock Springs—a difference of $182.07/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.