Applewood, CO vs Meridian Village, CO
There is a significant gap in the cost of living between these two cities. Applewood is 16.2% cheaper than Meridian Village. With a cost index of 161 vs 193, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Applewood to Meridian Village should plan for substantially higher expenses across most categories.
On the housing front, median rent in Applewood is $2,142/month compared to $3,125/month in Meridian Village — a 32% difference. Home values follow the same pattern: Applewood is more affordable at $725,300 median vs $742,800.
Median household income in Applewood is $128,988 compared to $198,707 in Meridian Village (-35.1%). While Meridian Village 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 18.9% in Meridian Village.
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