Erie, CO vs Lone Tree, CO

Lone Tree is moderately more affordable than Erie, with a 5.1% lower cost of living index. Erie scores 174 compared to 166 for Lone Tree, where the US average is 100. This difference means residents of Erie can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Erie is $2,775/month compared to $2,030/month in Lone Tree — a 37% difference. Interestingly, home values tell a different story: while Lone Tree has cheaper rent, Erie actually has lower median home values ($685,900 vs $819,800).

Median household income in Erie is $163,644 compared to $125,699 in Lone Tree (+30.2%). While Erie is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Erie spend roughly 20.3% of their income on rent, more than the 19.4% in Lone Tree.