Johnstown, CO vs Sheridan, CO

Sheridan is moderately more affordable than Johnstown, with a 11.2% lower cost of living index. Johnstown scores 128 compared to 115 for Sheridan, where the US average is 100. This difference means residents of Johnstown can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Johnstown is $1,767/month compared to $1,595/month in Sheridan — a 11% difference. Home values follow the same pattern: Sheridan is more affordable at $360,900 median vs $493,500.

Median household income in Johnstown is $130,851 compared to $58,571 in Sheridan (+123.4%). While Johnstown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Johnstown spend roughly 16.2% of their income on rent, less than the 32.7% in Sheridan. The Johnstown ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.