Edwards, CO vs Sherrelwood, CO

There is a significant gap in the cost of living between these two cities. Sherrelwood is 28.1% cheaper than Edwards. With a cost index of 120 vs 154, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sherrelwood 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 $1,627/month in Sherrelwood — a 16% difference. Home values follow the same pattern: Sherrelwood is more affordable at $412,200 median vs $747,700.

Median household income in Edwards is $90,735 compared to $73,849 in Sherrelwood (+22.9%). 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, less than the 26.4% in Sherrelwood.