Durango, CO vs Stonegate, CO
There is a significant gap in the cost of living between these two cities. Durango is 18.3% cheaper than Stonegate. With a cost index of 133 vs 163, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Durango to Stonegate should plan for substantially higher expenses across most categories.
On the housing front, median rent in Durango is $1,562/month compared to $2,482/month in Stonegate — a 37% difference. Home values follow the same pattern: Durango is more affordable at $609,700 median vs $614,000.
Median household income in Durango is $79,545 compared to $157,021 in Stonegate (-49.3%). While Stonegate is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Durango spend roughly 23.6% of their income on rent, more than the 19% in Stonegate.
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