Frederick, CO vs Sheridan, CO

There is a significant gap in the cost of living between these two cities. Sheridan is 26.6% cheaper than Frederick. With a cost index of 115 vs 146, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sheridan to Frederick should plan for substantially higher expenses across most categories.

On the housing front, median rent in Frederick is $2,252/month compared to $1,595/month in Sheridan — a 41% difference. Home values follow the same pattern: Sheridan is more affordable at $360,900 median vs $529,800.

Median household income in Frederick is $135,316 compared to $58,571 in Sheridan (+131%). While Frederick is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Frederick spend roughly 20% of their income on rent, less than the 32.7% in Sheridan. The Frederick ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.