Applewood, CO vs Durango, CO

There is a significant gap in the cost of living between these two cities. Durango is 21.5% cheaper than Applewood. With a cost index of 133 vs 161, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Durango to Applewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Applewood is $2,142/month compared to $1,562/month in Durango — a 37% difference. Home values follow the same pattern: Durango is more affordable at $609,700 median vs $725,300.

Median household income in Applewood is $128,988 compared to $79,545 in Durango (+62.2%). While Applewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Applewood spend roughly 19.9% of their income on rent, less than the 23.6% in Durango.