Rico, CO vs Watkins, CO

Rico, CO and Watkins, CO have a very similar cost of living, with only a 3.3% difference in their overall index. Rico scores 132 while Watkins scores 137 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.

When it comes to buying, median home values in Rico are $545,000 compared to $725,900 in Watkins, a 25% gap.

Median household income in Rico is $101,250 compared to $157,321 in Watkins (-35.6%). While Watkins is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.