Colfax, CA vs Happy Valley, CA

Happy Valley is moderately more affordable than Colfax, with a 5.8% lower cost of living index. Colfax scores 120 compared to 114 for Happy Valley, where the US average is 100. This difference means residents of Colfax can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colfax is $1,633/month compared to $1,766/month in Happy Valley — a 8% difference. Interestingly, home values tell a different story: while Colfax has cheaper rent, Happy Valley actually has lower median home values ($293,800 vs $397,100).

Median household income in Colfax is $74,583 compared to $80,578 in Happy Valley (-7.4%). Happy Valley offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Colfax spend roughly 26.3% of their income on rent, less than the 26.3% in Happy Valley.