Cedaredge, CO vs Stratmoor, CO
Cedaredge is moderately more affordable than Stratmoor, with a 6.3% lower cost of living index. Cedaredge scores 89 compared to 95 for Stratmoor, where the US average is 100. This difference means residents of Stratmoor can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Cedaredge is $1,106/month compared to $1,244/month in Stratmoor — a 11% difference. Home values follow the same pattern: Cedaredge is more affordable at $240,300 median vs $276,000.
Median household income in Cedaredge is $41,944 compared to $62,759 in Stratmoor (-33.2%). While Stratmoor 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 23.8% in Stratmoor. The Stratmoor ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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