Ridgway, CO vs Sierra Ridge, CO

Ridgway is moderately more affordable than Sierra Ridge, with a 12.9% lower cost of living index. Ridgway scores 132 compared to 151 for Sierra Ridge, where the US average is 100. This difference means residents of Sierra Ridge can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ridgway is $1,336/month compared to $1,487/month in Sierra Ridge — a 10% difference. Home values follow the same pattern: Ridgway is more affordable at $677,700 median vs $840,300.

Median household income in Ridgway is $88,218 compared to $156,456 in Sierra Ridge (-43.6%). While Sierra Ridge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ridgway spend roughly 18.2% of their income on rent, more than the 11.4% in Sierra Ridge.