Pagosa Springs, CO vs Silverton, CO

Pagosa Springs is moderately more affordable than Silverton, with a 5.1% lower cost of living index. Pagosa Springs scores 97 compared to 102 for Silverton, where the US average is 100. This difference means residents of Silverton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Pagosa Springs is $1,068/month compared to $1,076/month in Silverton — a 1% difference. Home values follow the same pattern: Pagosa Springs is more affordable at $353,800 median vs $414,700.

Median household income in Pagosa Springs is $36,712 compared to $73,750 in Silverton (-50.2%). While Silverton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Pagosa Springs spend roughly 34.9% of their income on rent, more than the 17.5% in Silverton. The Silverton ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.