Howard, CO vs Rico, CO

The cost of living difference between Howard, CO and Rico, CO is dramatic. Howard is 37.9% cheaper than Rico, a gap that translates to thousands of dollars per year in household expenses. Howard has a cost index of 82 while Rico sits at 132, 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 $1,711/month in Rico — a 72% difference. Home values follow the same pattern: Howard is more affordable at $386,500 median vs $545,000.

Median household income in Howard is $57,664 compared to $101,250 in Rico (-43%). While Rico is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Howard spend roughly 10.2% of their income on rent, less than the 20.3% in Rico.