Howard, CO vs Yuma, CO

Howard, CO and Yuma, CO have a very similar cost of living, with only a 4% difference in their overall index. Howard scores 82 while Yuma scores 79 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 Howard is $488/month compared to $943/month in Yuma — a 48% difference. Interestingly, home values tell a different story: while Howard has cheaper rent, Yuma actually has lower median home values ($180,000 vs $386,500).

Median household income in Howard is $57,664 compared to $52,102 in Yuma (+10.7%). While Howard 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 21.7% in Yuma.