Evans, CO vs Severance, CO
There is a significant gap in the cost of living between these two cities. Evans is 23.3% cheaper than Severance. With a cost index of 106 vs 138, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Evans to Severance should plan for substantially higher expenses across most categories.
On the housing front, median rent in Evans is $1,497/month compared to $2,108/month in Severance — a 29% difference. Home values follow the same pattern: Evans is more affordable at $326,300 median vs $493,800.
Median household income in Evans is $72,926 compared to $127,257 in Severance (-42.7%). While Severance is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Evans spend roughly 24.6% of their income on rent, more than the 19.9% in Severance.
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