Castle Rock, CO vs Erie, CO

There is a significant gap in the cost of living between these two cities. Castle Rock is 15.6% cheaper than Erie. With a cost index of 147 vs 174, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Castle Rock to Erie should plan for substantially higher expenses across most categories.

On the housing front, median rent in Castle Rock is $1,946/month compared to $2,775/month in Erie — a 30% difference. Home values follow the same pattern: Castle Rock is more affordable at $621,700 median vs $685,900.

Median household income in Castle Rock is $143,031 compared to $163,644 in Erie (-12.6%). The higher salaries in Erie partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Castle Rock spend roughly 16.3% of their income on rent, less than the 20.3% in Erie.