Silver Plume, CO vs Silverton, CO

Silver Plume, CO and Silverton, CO have a very similar cost of living, with only a 3.2% difference in their overall index. Silver Plume scores 105 while Silverton scores 102 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 Silver Plume is $966/month compared to $1,076/month in Silverton — a 10% difference. Interestingly, home values tell a different story: while Silver Plume has cheaper rent, Silverton actually has lower median home values ($414,700 vs $477,300).

Median household income in Silver Plume is $51,458 compared to $73,750 in Silverton (-30.2%). Silverton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Silver Plume spend roughly 22.5% of their income on rent, more than the 17.5% in Silverton.