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I moved from Evanston, WY to Cody a bit over a year ago, and I've found it to be an almost perfect place to live. I live west of the city on the North Fork where property is more expensive, but, I believe, has far more potential for appreciation, and far more beauty to enjoy while waiting for that appreciation.
It's important to note that people who live in Powell often commute to Cody, but not the other way. Cody, not Powell, has the Super Walmart. Cody, not Powell, has the Buffal Bill Historical Center. People have heard of Cody in Europe. If really bad times come, wealthy people will arrive in larger numbers than now, not only raising property values, but also bringing a wider variety of amenities. The Powell area, because of all the irrigation, has a very high water table and the subsequent problems with mold.
Before I moved here I drove through Powell; it seemed to be a pleasant place. But other than a library sale and a museum trip, I've never had any reason to visit. If, on the other hand, I lived in the Powell area, it would be necessary to visit Cody even for grocery shopping.
Powell is a nice place; Cody is one of the best places in the world to live.
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