Basalt, CO vs Ellicott, CO

The cost of living difference between Basalt, CO and Ellicott, CO is dramatic. Ellicott is 153.1% cheaper than Basalt, a gap that translates to thousands of dollars per year in household expenses. Basalt has a cost index of 196 while Ellicott sits at 77, 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.

Renters will find that Basalt has a median rent of $2,188/month while Ellicott comes in at $597/month, a 267% difference.

Median household income in Basalt is $106,000 compared to $55,822 in Ellicott (+89.9%). The higher salaries in Basalt partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Basalt spend roughly 24.8% of their income on rent, more than the 12.8% in Ellicott.