Gunbarrel, CO vs Louisville, CO

Gunbarrel, CO and Louisville, CO have a very similar cost of living, with only a 4.9% difference in their overall index. Gunbarrel scores 158 while Louisville scores 166 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Gunbarrel is $1,924/month compared to $2,069/month in Louisville — a 7% difference. Home values follow the same pattern: Gunbarrel is more affordable at $789,200 median vs $835,000.

Median household income in Gunbarrel is $111,506 compared to $149,159 in Louisville (-25.2%). While Louisville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gunbarrel spend roughly 20.7% of their income on rent, more than the 16.6% in Louisville.