Colorado City, TX vs Town of Pecos, TX

There is a significant gap in the cost of living between these two cities. Colorado City is 17.2% cheaper than Town of Pecos. With a cost index of 60 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Colorado City to Town of Pecos should plan for substantially higher expenses across most categories.

On the housing front, median rent in Colorado City is $718/month compared to $986/month in Town of Pecos — a 27% difference. Home values follow the same pattern: Colorado City is more affordable at $61,100 median vs $113,800.

Median household income in Colorado City is $48,173 compared to $56,361 in Town of Pecos (-14.5%). The higher salaries in Town of Pecos partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Colorado City spend roughly 17.9% of their income on rent, less than the 21% in Town of Pecos.