Flagler, CO vs Parachute, CO

There is a significant gap in the cost of living between these two cities. Flagler is 17.7% cheaper than Parachute. With a cost index of 71 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Flagler to Parachute should plan for substantially higher expenses across most categories.

On the housing front, median rent in Flagler is $840/month compared to $1,050/month in Parachute — a 20% difference. Home values follow the same pattern: Flagler is more affordable at $123,600 median vs $269,500.

Median household income in Flagler is $37,941 compared to $58,910 in Parachute (-35.6%). While Parachute is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Flagler spend roughly 26.6% of their income on rent, more than the 21.4% in Parachute.