Firestone, CO vs Wheat Ridge, CO

Firestone, CO and Wheat Ridge, CO have a very similar cost of living, with only a 2.8% difference in their overall index. Firestone scores 134 while Wheat Ridge scores 130 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Firestone is $1,916/month compared to $1,493/month in Wheat Ridge — a 28% difference. Interestingly, home values tell a different story: while Wheat Ridge has cheaper rent, Firestone actually has lower median home values ($511,800 vs $584,700).

Median household income in Firestone is $114,591 compared to $87,598 in Wheat Ridge (+30.8%). While Firestone is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Firestone spend roughly 20.1% of their income on rent, less than the 20.5% in Wheat Ridge.