Four Square Mile, CO vs Glenwood Springs, CO
Four Square Mile is moderately more affordable than Glenwood Springs, with a 5.8% lower cost of living index. Four Square Mile scores 128 compared to 136 for Glenwood Springs, where the US average is 100. This difference means residents of Glenwood Springs can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Four Square Mile is $1,796/month compared to $1,717/month in Glenwood Springs — a 5% difference. Interestingly, home values tell a different story: while Glenwood Springs has cheaper rent, Four Square Mile actually has lower median home values ($448,200 vs $592,000).
Median household income in Four Square Mile is $73,318 compared to $87,000 in Glenwood Springs (-15.7%). While Glenwood Springs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Four Square Mile spend roughly 29.4% of their income on rent, more than the 23.7% in Glenwood Springs.
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