Elbert, CO vs Wiley, CO

There is a significant gap in the cost of living between these two cities. Wiley is 29.4% cheaper than Elbert. With a cost index of 73 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wiley to Elbert should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elbert is $1,188/month compared to $810/month in Wiley — a 47% difference. Home values follow the same pattern: Wiley is more affordable at $159,400 median vs $263,200.

Median household income in Elbert is $56,500 compared to $61,250 in Wiley (-7.8%). Wiley offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elbert spend roughly 25.2% of their income on rent, more than the 15.9% in Wiley.