Gilcrest, CO vs Telluride, CO

There is a significant gap in the cost of living between these two cities. Gilcrest is 15.6% cheaper than Telluride. With a cost index of 115 vs 136, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gilcrest to Telluride should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gilcrest is $1,900/month compared to $2,269/month in Telluride — a 16% difference. Home values follow the same pattern: Gilcrest is more affordable at $287,000 median vs $390,300.

Median household income in Gilcrest is $66,771 compared to $97,330 in Telluride (-31.4%). While Telluride 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 28% in Telluride. The Telluride ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.