Gunnison, CO vs Telluride, CO

There is a significant gap in the cost of living between these two cities. Gunnison is 23% cheaper than Telluride. With a cost index of 105 vs 136, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gunnison to Telluride should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gunnison is $1,120/month compared to $2,269/month in Telluride — a 51% difference. Interestingly, home values tell a different story: while Gunnison has cheaper rent, Telluride actually has lower median home values ($390,300 vs $432,200).

Median household income in Gunnison is $55,313 compared to $97,330 in Telluride (-43.2%). 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 Gunnison spend roughly 24.3% of their income on rent, less than the 28% in Telluride.