Ouray, CO vs Platteville, CO

Ouray, CO and Platteville, CO have a very similar cost of living, with only a 4.9% difference in their overall index. Ouray scores 110 while Platteville scores 115 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 Ouray is $962/month compared to $1,669/month in Platteville — a 42% difference. Interestingly, home values tell a different story: while Ouray has cheaper rent, Platteville actually has lower median home values ($376,600 vs $549,200).

Median household income in Ouray is $76,458 compared to $87,642 in Platteville (-12.8%). While Platteville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ouray spend roughly 15.1% of their income on rent, less than the 22.9% in Platteville.