Hugo, CO vs Leadville, CO
There is a significant gap in the cost of living between these two cities. Hugo is 26.2% cheaper than Leadville. With a cost index of 86 vs 116, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hugo to Leadville should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hugo is $1,008/month compared to $1,651/month in Leadville — a 39% difference. Home values follow the same pattern: Hugo is more affordable at $241,200 median vs $374,700.
Median household income in Hugo is $47,222 compared to $83,875 in Leadville (-43.7%). While Leadville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hugo spend roughly 25.6% of their income on rent, more than the 23.6% in Leadville.
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