Edwards, CO vs Evans, CO

The cost of living difference between Edwards, CO and Evans, CO is dramatic. Evans is 45.3% cheaper than Edwards, a gap that translates to thousands of dollars per year in household expenses. Edwards has a cost index of 154 while Evans sits at 106, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Edwards is $1,885/month compared to $1,497/month in Evans — a 26% difference. Home values follow the same pattern: Evans is more affordable at $326,300 median vs $747,700.

Median household income in Edwards is $90,735 compared to $72,926 in Evans (+24.4%). The higher salaries in Edwards partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Edwards spend roughly 24.9% of their income on rent, more than the 24.6% in Evans.