Parachute, CO vs San Luis, CO

There is a significant gap in the cost of living between these two cities. San Luis is 27.1% cheaper than Parachute. With a cost index of 68 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from San Luis to Parachute should plan for substantially higher expenses across most categories.

On the housing front, median rent in Parachute is $1,050/month compared to $700/month in San Luis — a 50% difference. Home values follow the same pattern: San Luis is more affordable at $137,500 median vs $269,500.

Median household income in Parachute is $58,910 compared to $30,481 in San Luis (+93.3%). While Parachute is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Parachute spend roughly 21.4% of their income on rent, less than the 27.6% in San Luis.