Montrose, CO vs Rifle, CO

Montrose, CO and Rifle, CO have a very similar cost of living, with only a 4.8% difference in their overall index. Montrose scores 99 while Rifle scores 104 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Montrose is $1,117/month compared to $1,231/month in Rifle — a 9% difference. Home values follow the same pattern: Montrose is more affordable at $359,000 median vs $377,900.

Median household income in Montrose is $63,177 compared to $80,629 in Rifle (-21.6%). While Rifle is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Montrose spend roughly 21.2% of their income on rent, more than the 18.3% in Rifle.