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Cedaredge, CO vs Salt Creek, CO

89
Cedaredge
Colorado
VS
+16.1%
76
Salt Creek
Colorado

There is a significant gap in the cost of living between these two cities. Salt Creek is 16.1% cheaper than Cedaredge. With a cost index of 76 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Salt Creek to Cedaredge should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cedaredge is $1,106/month compared to $722/month in Salt Creek — a 53% difference. Interestingly, home values tell a different story: while Salt Creek has cheaper rent, Cedaredge actually has lower median home values ($240,300 vs $268,200).

Median household income in Cedaredge is $41,944 compared to $52,123 in Salt Creek (-19.5%). Salt Creek offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cedaredge spend roughly 31.6% of their income on rent, more than the 16.6% in Salt Creek. The Salt Creek ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Cedaredge
89
Salt Creek
76
14% cheaper
Median Household Income
Cedaredge
$41,944
Salt Creek
$52,123
20% higher

Housing

Median Rent
Cedaredge
$1,106
Salt Creek
$722
35% cheaper
Median Home Value
Cedaredge
$240,300
10% cheaper
Salt Creek
$268,200
Population
Cedaredge
2,394
Salt Creek
852

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cedaredge
Salt Creek $2.95
US $3.07
🥚
Eggs (grade A, large)
Cedaredge
Salt Creek $2.41
US $2.50
🥛
Milk (whole)
Cedaredge
Salt Creek $3.88
US $4.03
🍞
Bread (white)
Cedaredge
Salt Creek $1.78
US $1.85
🍗
Chicken breast
Cedaredge
Salt Creek $3.99
US $4.14
Electricity
Cedaredge
Salt Creek $0.15
US $0.19