Edgewater, CO vs Lyons, CO
There is a significant gap in the cost of living between these two cities. Edgewater is 20.5% cheaper than Lyons. With a cost index of 131 vs 165, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edgewater to Lyons should plan for substantially higher expenses across most categories.
On the housing front, median rent in Edgewater is $1,468/month compared to $1,962/month in Lyons — a 25% difference. Home values follow the same pattern: Edgewater is more affordable at $603,400 median vs $855,000.
Median household income in Edgewater is $74,320 compared to $132,589 in Lyons (-43.9%). While Lyons 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 17.8% in Lyons.
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