Limon, CO vs Olney Springs, CO

Olney Springs is moderately more affordable than Limon, with a 10.8% lower cost of living index. Limon scores 81 compared to 73 for Olney Springs, where the US average is 100. This difference means residents of Limon can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Limon is $889/month compared to $975/month in Olney Springs — a 9% difference. Interestingly, home values tell a different story: while Limon has cheaper rent, Olney Springs actually has lower median home values ($98,700 vs $208,000).

Median household income in Limon is $46,950 compared to $52,031 in Olney Springs (-9.8%). Olney Springs offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Limon spend roughly 22.7% of their income on rent, more than the 22.5% in Olney Springs.