Durango, CO vs Security-Widefield, CO
There is a significant gap in the cost of living between these two cities. Security-Widefield is 15.1% cheaper than Durango. With a cost index of 115 vs 133, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Security-Widefield to Durango should plan for substantially higher expenses across most categories.
On the housing front, median rent in Durango is $1,562/month compared to $1,703/month in Security-Widefield — a 8% difference. Interestingly, home values tell a different story: while Durango has cheaper rent, Security-Widefield actually has lower median home values ($358,600 vs $609,700).
Median household income in Durango is $79,545 compared to $83,916 in Security-Widefield (-5.2%). Security-Widefield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Durango spend roughly 23.6% of their income on rent, less than the 24.4% in Security-Widefield.
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