Fairmount, CO vs Louisville, CO

Louisville is moderately more affordable than Fairmount, with a 6% lower cost of living index. Fairmount scores 176 compared to 166 for Louisville, where the US average is 100. This difference means residents of Fairmount can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fairmount is $2,505/month compared to $2,069/month in Louisville — a 21% difference. Interestingly, home values tell a different story: while Louisville has cheaper rent, Fairmount actually has lower median home values ($772,600 vs $835,000).

Median household income in Fairmount is $163,785 compared to $149,159 in Louisville (+9.8%). While Fairmount is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fairmount spend roughly 18.4% of their income on rent, more than the 16.6% in Louisville.