Mead, CO vs Welby, CO

Welby is moderately more affordable than Mead, with a 10.3% lower cost of living index. Mead scores 127 compared to 115 for Welby, where the US average is 100. This difference means residents of Mead can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Mead is $1,583/month compared to $1,640/month in Welby — a 4% difference. Interestingly, home values tell a different story: while Mead has cheaper rent, Welby actually has lower median home values ($347,700 vs $552,100).

Median household income in Mead is $116,074 compared to $78,375 in Welby (+48.1%). While Mead is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mead spend roughly 16.4% of their income on rent, less than the 25.1% in Welby.