Four Square Mile, CO vs Gunbarrel, CO
There is a significant gap in the cost of living between these two cities. Four Square Mile is 19% cheaper than Gunbarrel. With a cost index of 128 vs 158, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Four Square Mile to Gunbarrel should plan for substantially higher expenses across most categories.
On the housing front, median rent in Four Square Mile is $1,796/month compared to $1,924/month in Gunbarrel — a 7% difference. Home values follow the same pattern: Four Square Mile is more affordable at $448,200 median vs $789,200.
Median household income in Four Square Mile is $73,318 compared to $111,506 in Gunbarrel (-34.2%). While Gunbarrel 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 20.7% in Gunbarrel.
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