Glenwood Springs, CO vs Lafayette, CO

Glenwood Springs is moderately more affordable than Lafayette, with a 9.4% lower cost of living index. Glenwood Springs scores 136 compared to 150 for Lafayette, where the US average is 100. This difference means residents of Lafayette can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Glenwood Springs is $1,717/month compared to $2,042/month in Lafayette — a 16% difference. Home values follow the same pattern: Glenwood Springs is more affordable at $592,000 median vs $647,600.

Median household income in Glenwood Springs is $87,000 compared to $110,431 in Lafayette (-21.2%). While Lafayette is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Glenwood Springs spend roughly 23.7% of their income on rent, more than the 22.2% in Lafayette.