Gilcrest, CO vs Holly Hills, CO
Gilcrest is moderately more affordable than Holly Hills, with a 13.9% lower cost of living index. Gilcrest scores 115 compared to 133 for Holly Hills, where the US average is 100. This difference means residents of Holly Hills can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Gilcrest is $1,900/month compared to $1,458/month in Holly Hills — a 30% difference. Interestingly, home values tell a different story: while Holly Hills has cheaper rent, Gilcrest actually has lower median home values ($287,000 vs $637,100).
Median household income in Gilcrest is $66,771 compared to $127,989 in Holly Hills (-47.8%). While Holly Hills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gilcrest spend roughly 34.1% of their income on rent, more than the 13.7% in Holly Hills. The Holly Hills ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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