Derby, CO vs Durango, CO

Derby is moderately more affordable than Durango, with a 13.3% lower cost of living index. Derby scores 115 compared to 133 for Durango, where the US average is 100. This difference means residents of Durango can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Derby is $1,721/month compared to $1,562/month in Durango — a 10% difference. Interestingly, home values tell a different story: while Durango has cheaper rent, Derby actually has lower median home values ($317,400 vs $609,700).

Median household income in Derby is $78,696 compared to $79,545 in Durango (-1.1%). Durango does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Derby spend roughly 26.2% of their income on rent, more than the 23.6% in Durango.