Edgewater, CO vs Kremmling, CO
There is a significant gap in the cost of living between these two cities. Kremmling is 17.6% cheaper than Edgewater. With a cost index of 111 vs 131, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Kremmling to Edgewater should plan for substantially higher expenses across most categories.
On the housing front, median rent in Edgewater is $1,468/month compared to $1,631/month in Kremmling — a 10% difference. Interestingly, home values tell a different story: while Edgewater has cheaper rent, Kremmling actually has lower median home values ($322,400 vs $603,400).
Median household income in Edgewater is $74,320 compared to $72,650 in Kremmling (+2.3%). Edgewater 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 Edgewater spend roughly 23.7% of their income on rent, less than the 26.9% in Kremmling.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area