Colorado City, CO vs Silverton, CO

Colorado City is moderately more affordable than Silverton, with a 11.3% lower cost of living index. Colorado City scores 91 compared to 102 for Silverton, where the US average is 100. This difference means residents of Silverton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colorado City is $1,270/month compared to $1,076/month in Silverton — a 18% difference. Interestingly, home values tell a different story: while Silverton has cheaper rent, Colorado City actually has lower median home values ($237,700 vs $414,700).

Median household income in Colorado City is $48,692 compared to $73,750 in Silverton (-34%). While Silverton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colorado City spend roughly 31.3% of their income on rent, more than the 17.5% in Silverton. The Silverton ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.