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Florence, CO vs Glenwood Springs, CO

75
Florence
Colorado
VS
-44.7%
136
Glenwood Springs
Colorado

The cost of living difference between Florence, CO and Glenwood Springs, CO is dramatic. Florence is 44.7% cheaper than Glenwood Springs, a gap that translates to thousands of dollars per year in household expenses. Florence has a cost index of 75 while Glenwood Springs sits at 136, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Florence is $694/month compared to $1,717/month in Glenwood Springs — a 60% difference. Home values follow the same pattern: Florence is more affordable at $228,300 median vs $592,000.

Median household income in Florence is $57,239 compared to $87,000 in Glenwood Springs (-34.2%). The higher salaries in Glenwood Springs partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Florence spend roughly 14.5% of their income on rent, less than the 23.7% in Glenwood Springs.

Income & Cost

Cost of Living Index
Florence
75
45% cheaper
Glenwood Springs
136
Median Household Income
Florence
$57,239
Glenwood Springs
$87,000
34% higher

Housing

Median Rent
Florence
$694
60% cheaper
Glenwood Springs
$1,717
Median Home Value
Florence
$228,300
61% cheaper
Glenwood Springs
$592,000
Population
Florence
3,870
Glenwood Springs
10,171

Salary Equivalency Calculator

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