Redlands, CO vs Sherrelwood, CO

Redlands, CO and Sherrelwood, CO have a very similar cost of living, with only a 2.1% difference in their overall index. Redlands scores 118 while Sherrelwood scores 120 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 Redlands is $1,546/month compared to $1,627/month in Sherrelwood — a 5% difference. Interestingly, home values tell a different story: while Redlands has cheaper rent, Sherrelwood actually has lower median home values ($412,200 vs $466,400).

Median household income in Redlands is $97,500 compared to $73,849 in Sherrelwood (+32%). Redlands offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Redlands spend roughly 19% of their income on rent, less than the 26.4% in Sherrelwood.