Genoa, CO vs Granada, CO

There is a significant gap in the cost of living between these two cities. Granada is 16.2% cheaper than Genoa. With a cost index of 65 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Granada to Genoa should plan for substantially higher expenses across most categories.

On the housing front, median rent in Genoa is $888/month compared to $713/month in Granada — a 25% difference. Home values follow the same pattern: Granada is more affordable at $100,000 median vs $164,100.

Median household income in Genoa is $51,750 compared to $46,685 in Granada (+10.8%). The higher salaries in Genoa partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Genoa spend roughly 20.6% of their income on rent, more than the 18.3% in Granada.