Applewood, CO vs Louisville, CO

Applewood, CO and Louisville, CO have a very similar cost of living, with only a 3% difference in their overall index. Applewood scores 161 while Louisville scores 166 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Applewood is $2,142/month compared to $2,069/month in Louisville — a 4% difference. Interestingly, home values tell a different story: while Louisville has cheaper rent, Applewood actually has lower median home values ($725,300 vs $835,000).

Median household income in Applewood is $128,988 compared to $149,159 in Louisville (-13.5%). While Louisville 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, more than the 16.6% in Louisville.