Cokedale, CO vs Fort Garland, CO

Cokedale, CO and Fort Garland, CO have a very similar cost of living, with only a 2.8% difference in their overall index. Cokedale scores 79 while Fort Garland scores 82 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cokedale is $1,154/month compared to $871/month in Fort Garland — a 33% difference. Interestingly, home values tell a different story: while Fort Garland has cheaper rent, Cokedale actually has lower median home values ($107,300 vs $239,600).

Median household income in Cokedale is $47,569 compared to $29,750 in Fort Garland (+59.9%). Cokedale offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cokedale spend roughly 29.1% of their income on rent, less than the 35.1% in Fort Garland. The Cokedale ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.