Empire, CO vs Loma, CO
There is a significant gap in the cost of living between these two cities. Empire is 20.1% cheaper than Loma. With a cost index of 109 vs 136, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Empire to Loma should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Empire are $297,600 compared to $778,100 in Loma, a 62% gap.
Median household income in Empire is $63,092 compared to $133,456 in Loma (-52.7%). While Loma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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