Frederick, CO vs Wheat Ridge, CO

Wheat Ridge is moderately more affordable than Frederick, with a 11.8% lower cost of living index. Frederick scores 146 compared to 130 for Wheat Ridge, where the US average is 100. This difference means residents of Frederick can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Frederick is $2,252/month compared to $1,493/month in Wheat Ridge — a 51% difference. Interestingly, home values tell a different story: while Wheat Ridge has cheaper rent, Frederick actually has lower median home values ($529,800 vs $584,700).

Median household income in Frederick is $135,316 compared to $87,598 in Wheat Ridge (+54.5%). 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 20.5% in Wheat Ridge.