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Howard, CO vs Inverness, CO

82
Howard
Colorado
VS
-50.1%
164
Inverness
Colorado

The cost of living difference between Howard, CO and Inverness, CO is dramatic. Howard is 50.1% cheaper than Inverness, a gap that translates to thousands of dollars per year in household expenses. Howard has a cost index of 82 while Inverness sits at 164, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Howard is $488/month compared to $2,036/month in Inverness — a 76% difference. Home values follow the same pattern: Howard is more affordable at $386,500 median vs $799,600.

Median household income in Howard is $57,664 compared to $104,636 in Inverness (-44.9%). The higher salaries in Inverness partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Howard spend roughly 10.2% of their income on rent, less than the 23.3% in Inverness.

Income & Cost

Cost of Living Index
Howard
82
50% cheaper
Inverness
164
Median Household Income
Howard
$57,664
Inverness
$104,636
45% higher

Housing

Median Rent
Howard
$488
76% cheaper
Inverness
$2,036
Median Home Value
Howard
$386,500
52% cheaper
Inverness
$799,600
Population
Howard
1,159
Inverness
3,088

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Howard
Inverness $3.11
US $3.07
🥚
Eggs (grade A, large)
Howard
Inverness $2.54
US $2.50
🥛
Milk (whole)
Howard
Inverness $4.09
US $4.03
🍞
Bread (white)
Howard
Inverness $1.88
US $1.85
🍗
Chicken breast
Howard
Inverness $4.21
US $4.14
Electricity
Howard
Inverness $0.18
US $0.19