Cedaredge, CO vs Mount Crested Butte, CO

The cost of living difference between Cedaredge, CO and Mount Crested Butte, CO is dramatic. Cedaredge is 34.9% cheaper than Mount Crested Butte, a gap that translates to thousands of dollars per year in household expenses. Cedaredge has a cost index of 89 while Mount Crested Butte sits at 136, 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 Cedaredge is $1,106/month compared to $1,717/month in Mount Crested Butte — a 36% difference. Home values follow the same pattern: Cedaredge is more affordable at $240,300 median vs $594,600.

Median household income in Cedaredge is $41,944 compared to $93,182 in Mount Crested Butte (-55%). While Mount Crested Butte 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 22.1% in Mount Crested Butte. The Mount Crested Butte ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.