Alma, CO vs Green Mountain Falls, CO

Green Mountain Falls is moderately more affordable than Alma, with a 14.8% lower cost of living index. Alma scores 131 compared to 114 for Green Mountain Falls, where the US average is 100. This difference means residents of Alma can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alma is $2,083/month compared to $1,618/month in Green Mountain Falls — a 29% difference. Home values follow the same pattern: Green Mountain Falls is more affordable at $369,000 median vs $370,000.

Median household income in Alma is $52,727 compared to $96,346 in Green Mountain Falls (-45.3%). Green Mountain Falls offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alma spend roughly 47.4% of their income on rent, more than the 20.2% in Green Mountain Falls. The Green Mountain Falls ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.