Erie, CO vs Steamboat Springs, CO

Steamboat Springs is moderately more affordable than Erie, with a 5.5% lower cost of living index. Erie scores 174 compared to 165 for Steamboat Springs, 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 $1,909/month in Steamboat Springs — a 45% difference. Interestingly, home values tell a different story: while Steamboat Springs has cheaper rent, Erie actually has lower median home values ($685,900 vs $874,400).

Median household income in Erie is $163,644 compared to $100,156 in Steamboat Springs (+63.4%). 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, less than the 22.9% in Steamboat Springs.