Carbondale cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexCarbondaleColoradoNational
Cost of living index142107100
IndexCarbondaleColoradoNational
Goods & Services index11299100
Groceries index103103100
Health care index115102100
Housing index227127100
Transportation index9895100
Utilities index8888100
A general overview of the cost of living index for Carbondale, CO is displayed above. In Carbondale, CO, the overall cost of living index is 142, which is 33% higher than the Colorado average and 42% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Carbondale, CO, the city's goods and services are 13% higher than the Colorado average and 12% higher than the U.S. average.

Did you know?

  • The cost of living in Carbondale is 33% higher than the Colorado average.
  • The cost of living in Carbondale is 42% higher than the national average.
  • The cost of housing in Carbondale is 127% higher than the national average.
  • Colorado general sales tax is 43% lower than the national average.
  • Colorado state income tax is 108% higher than the national average.

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Compare Carbondale, CO Cost of living To Other Cities

Salary Calculator

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The salary calculator allows you to compare how much your current salary in Carbondale, CO would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Carbondale, CO, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Carbondale, CO salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$71,382$5,949$1,665$2,142
Renters$49,375$4,115$1,152$1,481
One can approximate the cost of living and the housing affordability in Carbondale, CO by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Carbondale, CO have a median income of $71,382. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,665 per month to avoid calamity and poverty. The renters in the city have an income of about $49,375, which would make their monthly maximum allowable rental costs $1,152.

Colorado Sales Tax

StateGeneral Sales TaxWith Max Surtax
Colorado2.9%10%

Colorado Income Tax

StateIncome Tax (Low)Income Tax (High)
Colorado4.63%4.63%
One thing to keep in mind when considering the cost of living in Carbondale, CO is the Colorado sales tax and Colorado income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Colorado sales tax rate is 2.9% and the maximum surtax that can be charged is 10%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Colorado income tax rates range from 4.63% to 4.63%.

Goods & Services

ItemCarbondaleNational avg.Difference
Haircut $18.75$15.5620.5%
Beauty Salon $46.67$36.1129.2%
Toothpaste $3.28$2.4732.5%
Shampoo $0.97$0.960.9%
Movie $10.50$10.133.7%
Bowling $4.50$4.745.0%

Groceries

ItemCarbondaleNational avg.Difference
Ground Beef $3.94$3.981.1%
Fried Chicken $1.39$1.411.2%
Milk $1.79$2.0613.3%
Potatoes $2.42$2.9818.7%
Pizza $9.50$9.470.2%
Beer $8.16$8.797.2%

Health Care

ItemCarbondaleNational avg.Difference
Optometrist $157.83$101.0456.2%
Doctor $120.00$107.4411.7%
Dentist $105.83$90.4217.1%
Ibuprofen $9.45$9.281.9%
Lipitor $455.99$426.506.9%

Housing

ItemCarbondaleNational avg.Difference
Home Price $463,200.00$175,700.00163.6%
Avg. Mortgage Payment $1,765.71$1,133.2355.8%
Apartment Rent $1,311.00$920.0042.5%

Transportation

ItemCarbondaleNational avg.Difference
Gasoline $2.18$1.999.4%
Tire Balancing $33.46$45.7626.9%

Utilities

ItemCarbondaleNational avg.Difference
All Electricity$137.21$163.8116.2%
Phone $27.00$28.394.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Redstone, CO101055%
Cattle Creek, CO85386-14%
Glenwood Springs, CO9,66812727%
El Jebel, CO3,45013131%
No Name, CO19213232%
Carbondale, CO6,46414242%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Prospect Park borough, PA6,4641099%
Waveland, MS6,46393-7%
Metropolis, IL6,46681-19%
Gladewater, TX6,46186-14%
Inwood, FL6,46882-18%
Carbondale, CO6,46414242%
Source: The Carbondale, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.