Edwards, CO vs Four Square Mile, CO

There is a significant gap in the cost of living between these two cities. Four Square Mile is 20.1% cheaper than Edwards. With a cost index of 128 vs 154, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Four Square Mile to Edwards should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edwards is $1,885/month compared to $1,796/month in Four Square Mile — a 5% difference. Home values follow the same pattern: Four Square Mile is more affordable at $448,200 median vs $747,700.

Median household income in Edwards is $90,735 compared to $73,318 in Four Square Mile (+23.8%). While Edwards is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edwards spend roughly 24.9% of their income on rent, less than the 29.4% in Four Square Mile.