Bayfield, CO vs Williamsburg, CO
There is a significant gap in the cost of living between these two cities. Williamsburg is 15.5% cheaper than Bayfield. With a cost index of 94 vs 108, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Williamsburg to Bayfield should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bayfield is $1,265/month compared to $1,327/month in Williamsburg — a 5% difference. Interestingly, home values tell a different story: while Bayfield has cheaper rent, Williamsburg actually has lower median home values ($218,300 vs $418,400).
Median household income in Bayfield is $92,821 compared to $54,886 in Williamsburg (+69.1%). While Bayfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bayfield spend roughly 16.4% of their income on rent, less than the 29% in Williamsburg.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?