Edgewater, CO vs Lone Tree, CO
There is a significant gap in the cost of living between these two cities. Edgewater is 21% cheaper than Lone Tree. With a cost index of 131 vs 166, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edgewater to Lone Tree should plan for substantially higher expenses across most categories.
On the housing front, median rent in Edgewater is $1,468/month compared to $2,030/month in Lone Tree — a 28% difference. Home values follow the same pattern: Edgewater is more affordable at $603,400 median vs $819,800.
Median household income in Edgewater is $74,320 compared to $125,699 in Lone Tree (-40.9%). While Lone Tree is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edgewater spend roughly 23.7% of their income on rent, more than the 19.4% in Lone Tree.
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