Four Square Mile, CO vs Wellington, CO
Four Square Mile is moderately more affordable than Wellington, with a 8.9% lower cost of living index. Four Square Mile scores 128 compared to 141 for Wellington, where the US average is 100. This difference means residents of Wellington 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 $2,320/month in Wellington — a 23% difference. Interestingly, home values tell a different story: while Four Square Mile has cheaper rent, Wellington actually has lower median home values ($442,500 vs $448,200).
Median household income in Four Square Mile is $73,318 compared to $103,888 in Wellington (-29.4%). While Wellington 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 26.8% in Wellington.
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