Edwards, CO vs Golden, CO

Edwards, CO and Golden, CO have a very similar cost of living, with only a 2.6% difference in their overall index. Edwards scores 154 while Golden scores 158 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Edwards is $1,885/month compared to $1,854/month in Golden — a 2% difference. Interestingly, home values tell a different story: while Golden has cheaper rent, Edwards actually has lower median home values ($747,700 vs $790,500).

Median household income in Edwards is $90,735 compared to $95,913 in Golden (-5.4%). While Golden 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, more than the 23.2% in Golden.