Cost of Living: Independence, MO vs Westminster, CO (2026)

Independence

Missouri
67
VS

Westminster

Colorado
139

Independence is 52% cheaper than Westminster.

$1,061/mo ↓ 42%
Median Rent
$1,816/mo ↑ 71%
$59,480/yr ↓ 38%
Median Income
$96,145/yr ↑ 62%
$166,400 ↓ 67%
Home Value
$497,400 ↑ 199%
$1,046/mo ↓ 43%
Owner Costs
$1,841/mo ↑ 76%
121,944
Population
115,546

Tax Comparison

4.95%
Income Tax
4.4%
4.225%
State Sales Tax
2.9%
0.93%
Property Tax
0.51%

Affordability

21.4%
rent-to-income
Affordability
22.7%
rent-to-income

Detailed Comparison

When comparing Independence, MO and Westminster, CO, the overall cost of living indices are 67 and 139 respectively (national median = 100). Rent is $755/month cheaper in Independence, saving renters about $9,060/year.

Median household income is $36,665/year higher in Westminster. Home values also differ significantly — the median in Independence is $166,400 compared to $497,400 in Westminster.

Colorado has a lower income tax rate, making Westminster slightly more tax-friendly.

Frequently Asked Questions

Independence vs Westminster — common questions

Is Independence or Westminster cheaper to live in?
Based on our cost index, Independence is cheaper to live in with an index of 67 compared to 139 (US average = 100).
What is the rent difference between Independence and Westminster?
Median rent in Independence is $1,061/month and in Westminster it's $1,816/month — a difference of $755/month.
Which city has higher income, Independence or Westminster?
Median household income is $59,480 in Independence and $96,145 in Westminster. Median household income is $36,665/year higher in Westminster.
How do taxes compare between Missouri and Colorado?
Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Independence or Westminster?
It depends on your priorities. Independence has a cost index of 67 with median rent of $1,061/mo, while Westminster has a cost index of 139 with rent of $1,816/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Independence details → View Westminster details →

More Comparisons

Other cost of living comparisons for Independence and Westminster

Independence vs. College Station Independence vs. Rochester Independence vs. Clovis Independence vs. Lafayette Independence vs. Arvada Independence vs. Ann Arbor Westminster vs. Antioch Westminster vs. Manchester Westminster vs. Broken Arrow Westminster vs. Richmond Westminster vs. West Jordan Westminster vs. High Point