Fairmont, NE vs Woodland Park, NE
There is a significant gap in the cost of living between these two cities. Fairmont is 20.7% cheaper than Woodland Park. With a cost index of 56 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fairmont to Woodland Park should plan for substantially higher expenses across most categories.
On the housing front, median rent in Fairmont is $627/month compared to $850/month in Woodland Park — a 26% difference. Home values follow the same pattern: Fairmont is more affordable at $65,000 median vs $161,500.
Median household income in Fairmont is $67,404 compared to $77,880 in Woodland Park (-13.5%). The higher salaries in Woodland Park partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Fairmont spend roughly 11.2% of their income on rent, less than the 13.1% in Woodland Park.
Climate-wise, both cities share similar average temperatures (51.5°F vs 49.2°F). Fairmont receives more rainfall at 29.5" per year compared to 27" in Woodland Park.
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Climate
NOAA 30-year normals (1991-2020)