Derby, CO vs Platteville, CO

Derby, CO and Platteville, CO have a very similar cost of living, with only a 0.1% difference in their overall index. Derby scores 115 while Platteville scores 115 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 Derby is $1,721/month compared to $1,669/month in Platteville — a 3% difference. Interestingly, home values tell a different story: while Platteville has cheaper rent, Derby actually has lower median home values ($317,400 vs $376,600).

Median household income in Derby is $78,696 compared to $87,642 in Platteville (-10.2%). While Platteville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Derby spend roughly 26.2% of their income on rent, more than the 22.9% in Platteville.