Gunnison, CO vs Sherrelwood, CO

Gunnison is moderately more affordable than Sherrelwood, with a 12.7% lower cost of living index. Gunnison scores 105 compared to 120 for Sherrelwood, where the US average is 100. This difference means residents of Sherrelwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gunnison is $1,120/month compared to $1,627/month in Sherrelwood — a 31% difference. Interestingly, home values tell a different story: while Gunnison has cheaper rent, Sherrelwood actually has lower median home values ($412,200 vs $432,200).

Median household income in Gunnison is $55,313 compared to $73,849 in Sherrelwood (-25.1%). While Sherrelwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gunnison spend roughly 24.3% of their income on rent, less than the 26.4% in Sherrelwood.