Cheraw, CO vs Montezuma, CO

The cost of living difference between Cheraw, CO and Montezuma, CO is dramatic. Cheraw is 52.4% cheaper than Montezuma, a gap that translates to thousands of dollars per year in household expenses. Cheraw has a cost index of 75 while Montezuma sits at 157, 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 Cheraw is $1,022/month compared to $1,667/month in Montezuma — a 39% difference. Home values follow the same pattern: Cheraw is more affordable at $97,900 median vs $861,100.

Median household income in Cheraw is $38,542 compared to $127,083 in Montezuma (-69.7%). While Montezuma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cheraw spend roughly 31.8% of their income on rent, more than the 15.7% in Montezuma. The Montezuma ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.