Boone, CO vs Montezuma, CO

The cost of living difference between Boone, CO and Montezuma, CO is dramatic. Boone is 57.7% cheaper than Montezuma, a gap that translates to thousands of dollars per year in household expenses. Boone has a cost index of 66 while Montezuma sits at 157, 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.

On the housing front, median rent in Boone is $988/month compared to $1,667/month in Montezuma — a 41% difference. Home values follow the same pattern: Boone is more affordable at $45,200 median vs $861,100.

Median household income in Boone is $75,190 compared to $127,083 in Montezuma (-40.8%). The higher salaries in Montezuma partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Boone spend roughly 15.8% of their income on rent, more than the 15.7% in Montezuma.