Avon, CO vs Greenwood Village, CO
There is a significant gap in the cost of living between these two cities. Avon is 22% cheaper than Greenwood Village. With a cost index of 157 vs 201, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Avon to Greenwood Village should plan for substantially higher expenses across most categories.
On the housing front, median rent in Avon is $2,132/month compared to $2,119/month in Greenwood Village — a 1% difference. Interestingly, home values tell a different story: while Greenwood Village has cheaper rent, Avon actually has lower median home values ($689,000 vs $1,213,300).
Median household income in Avon is $85,364 compared to $145,781 in Greenwood Village (-41.4%). While Greenwood 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 Avon spend roughly 30% of their income on rent, more than the 17.4% in Greenwood Village.
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