Cedaredge, CO vs Fairplay, CO
There is a significant gap in the cost of living between these two cities. Cedaredge is 26.2% cheaper than Fairplay. With a cost index of 89 vs 120, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cedaredge to Fairplay should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cedaredge is $1,106/month compared to $1,634/month in Fairplay — a 32% difference. Home values follow the same pattern: Cedaredge is more affordable at $240,300 median vs $411,000.
Median household income in Cedaredge is $41,944 compared to $82,031 in Fairplay (-48.9%). While Fairplay is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cedaredge spend roughly 31.6% of their income on rent, more than the 23.9% in Fairplay. The Fairplay ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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