Englewood, CO vs Welby, CO
Welby is moderately more affordable than Englewood, with a 11.2% lower cost of living index. Englewood scores 128 compared to 115 for Welby, where the US average is 100. This difference means residents of Englewood can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Englewood is $1,563/month compared to $1,640/month in Welby — a 5% difference. Interestingly, home values tell a different story: while Englewood has cheaper rent, Welby actually has lower median home values ($347,700 vs $534,000).
Median household income in Englewood is $82,016 compared to $78,375 in Welby (+4.6%). Englewood 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 Englewood spend roughly 22.9% of their income on rent, less than the 25.1% in Welby.
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