Applewood, CO vs Bayfield, CO

The cost of living difference between Applewood, CO and Bayfield, CO is dramatic. Bayfield is 49.3% cheaper than Applewood, a gap that translates to thousands of dollars per year in household expenses. Applewood has a cost index of 161 while Bayfield sits at 108, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Applewood is $2,142/month compared to $1,265/month in Bayfield — a 69% difference. Home values follow the same pattern: Bayfield is more affordable at $418,400 median vs $725,300.

Median household income in Applewood is $128,988 compared to $92,821 in Bayfield (+39%). The higher salaries in Applewood partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Applewood spend roughly 19.9% of their income on rent, more than the 16.4% in Bayfield.