Edgewater, CO vs Steamboat Springs, CO

There is a significant gap in the cost of living between these two cities. Edgewater is 20.6% cheaper than Steamboat Springs. 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 Steamboat Springs should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edgewater is $1,468/month compared to $1,909/month in Steamboat Springs — a 23% difference. Home values follow the same pattern: Edgewater is more affordable at $603,400 median vs $874,400.

Median household income in Edgewater is $74,320 compared to $100,156 in Steamboat Springs (-25.8%). While Steamboat Springs 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 22.9% in Steamboat Springs.