Edwards, CO vs Silt, CO

There is a significant gap in the cost of living between these two cities. Silt is 22.1% cheaper than Edwards. With a cost index of 126 vs 154, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Silt 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 $1,928/month in Silt — a 2% difference. Interestingly, home values tell a different story: while Edwards has cheaper rent, Silt actually has lower median home values ($391,400 vs $747,700).

Median household income in Edwards is $90,735 compared to $86,484 in Silt (+4.9%). Edwards does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Edwards spend roughly 24.9% of their income on rent, less than the 26.8% in Silt.