Estes Park, CO vs Welby, CO

Welby is moderately more affordable than Estes Park, with a 12.3% lower cost of living index. Estes Park scores 129 compared to 115 for Welby, where the US average is 100. This difference means residents of Estes Park can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Estes Park is $1,431/month compared to $1,640/month in Welby — a 13% difference. Interestingly, home values tell a different story: while Estes Park has cheaper rent, Welby actually has lower median home values ($347,700 vs $634,200).

Median household income in Estes Park is $73,313 compared to $78,375 in Welby (-6.5%). Welby offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Estes Park spend roughly 23.4% of their income on rent, less than the 25.1% in Welby.