Platteville, CO vs Redlands, CO

Platteville, CO and Redlands, CO have a very similar cost of living, with only a 1.9% difference in their overall index. Platteville scores 115 while Redlands scores 118 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 Platteville is $1,669/month compared to $1,546/month in Redlands — a 8% difference. Interestingly, home values tell a different story: while Redlands has cheaper rent, Platteville actually has lower median home values ($376,600 vs $466,400).

Median household income in Platteville is $87,642 compared to $97,500 in Redlands (-10.1%). While Redlands is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Platteville spend roughly 22.9% of their income on rent, more than the 19% in Redlands.