Lincoln Park, CO vs Paonia, CO
Paonia is moderately more affordable than Lincoln Park, with a 8.7% lower cost of living index. Lincoln Park scores 92 compared to 84 for Paonia, where the US average is 100. This difference means residents of Lincoln Park can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Lincoln Park is $1,120/month compared to $799/month in Paonia — a 40% difference. Interestingly, home values tell a different story: while Paonia has cheaper rent, Lincoln Park actually has lower median home values ($272,000 vs $301,300).
Median household income in Lincoln Park is $64,750 compared to $52,466 in Paonia (+23.4%). While Lincoln Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lincoln Park spend roughly 20.8% of their income on rent, more than the 18.3% in Paonia.
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