Idaho Springs, CO vs Stratton, CO
There is a significant gap in the cost of living between these two cities. Stratton is 22.4% cheaper than Idaho Springs. With a cost index of 89 vs 108, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Stratton to Idaho Springs should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Idaho Springs are $434,900 compared to $158,500 in Stratton, a 174% gap.
Median household income in Idaho Springs is $85,450 compared to $57,656 in Stratton (+48.2%). While Idaho Springs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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