Derby, CO vs Sherrelwood, CO

Derby, CO and Sherrelwood, CO have a very similar cost of living, with only a 4.1% difference in their overall index. Derby scores 115 while Sherrelwood scores 120 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 $1,627/month in Sherrelwood — a 6% difference. Interestingly, home values tell a different story: while Sherrelwood has cheaper rent, Derby actually has lower median home values ($317,400 vs $412,200).

Median household income in Derby is $78,696 compared to $73,849 in Sherrelwood (+6.6%). Derby offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Derby spend roughly 26.2% of their income on rent, less than the 26.4% in Sherrelwood.