Severance, CO vs Sherrelwood, CO
There is a significant gap in the cost of living between these two cities. Sherrelwood is 15% cheaper than Severance. With a cost index of 120 vs 138, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sherrelwood to Severance should plan for substantially higher expenses across most categories.
On the housing front, median rent in Severance is $2,108/month compared to $1,627/month in Sherrelwood — a 30% difference. Home values follow the same pattern: Sherrelwood is more affordable at $412,200 median vs $493,800.
Median household income in Severance is $127,257 compared to $73,849 in Sherrelwood (+72.3%). While Severance is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Severance spend roughly 19.9% of their income on rent, less than the 26.4% in Sherrelwood.
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