Calhan, CO vs Parachute, CO

Calhan, CO and Parachute, CO have a very similar cost of living, with only a 2.3% difference in their overall index. Calhan scores 84 while Parachute scores 86 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Calhan is $935/month compared to $1,050/month in Parachute — a 11% difference. Home values follow the same pattern: Calhan is more affordable at $265,000 median vs $269,500.

Median household income in Calhan is $50,000 compared to $58,910 in Parachute (-15.1%). While Parachute is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Calhan spend roughly 22.4% of their income on rent, more than the 21.4% in Parachute.