Cimarron Hills 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.
IndexCimarron HillsColoradoNational
Cost of living index94107100
IndexCimarron HillsColoradoNational
Goods & Services index96101100
Groceries index9598100
Health care index103104100
Housing index94127100
Transportation index8499100
Utilities index8888100
The above illustration supplies generalized information for the Cimarron Hills, CO cost of living index. Compared to other cities in Colorado and cities across the country, the cost of living index in Cimarron Hills, CO is 94, which is 13% lower than the Colorado average and 6% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Cimarron Hills, CO are 5% lower than the average for Colorado and 4% lower than the rest of the country.

Did you know?

  • The cost of living in Cimarron Hills is 13% lower than the Colorado average.
  • The cost of living in Cimarron Hills is 6% lower than the national average.
  • The cost of housing in Cimarron Hills is 6% lower 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 Cimarron Hills, CO Cost of living To Other Cities

Salary Calculator

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Cost of living index
Goods & Services index
Groceries index
Health care index
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Transportation index
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The salary calculator is used in order to provide a comparison of your current salary in Cimarron Hills, CO to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Cimarron Hills, CO, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Cimarron Hills, CO salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$59,352$4,946$1,385$1,781
Renters$39,960$3,330$932$1,199
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Cimarron Hills, CO, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Cimarron Hills, CO has a median income of about $59,352 for people who own homes. Based on that number, a person should spend a maximum of $1,385 on expenses related to housing. Renters have a slightly different median income, which is $39,960. Based on this average, renters should spend no more than $932 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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 Cimarron Hills, 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

ItemCimarron HillsNational avg.Difference
Haircut $13.20$14.599.5%
Beauty Salon $36.40$34.685.0%
Toothpaste $3.35$2.4735.4%
Shampoo $0.95$1.027.0%
Movie $9.65$9.872.2%
Bowling $3.35$4.3923.7%

Groceries

ItemCimarron HillsNational avg.Difference
Ground Beef $4.71$4.485.2%
Fried Chicken $1.06$1.4627.6%
Milk $2.12$2.3610.0%
Potatoes $2.45$3.0620.0%
Pizza $8.40$9.249.1%
Beer $7.87$8.638.8%

Health Care

ItemCimarron HillsNational avg.Difference
Optometrist $106.00$99.786.2%
Doctor $112.80$105.037.4%
Dentist $90.60$88.702.1%
Ibuprofen $9.66$9.412.6%
Lipitor $295.27$298.501.1%

Housing

ItemCimarron HillsNational avg.Difference
Home Price $158,600.00$175,700.009.7%
Avg. Mortgage Payment $1,062.29$1,081.031.7%
Apartment Rent $935.00$920.001.6%

Transportation

ItemCimarron HillsNational avg.Difference
Gasoline $1.62$2.0922.6%
Tire Balancing $45.98$45.291.5%

Utilities

ItemCimarron HillsNational avg.Difference
All Electricity$132.82$170.8022.2%
Phone $28.98$28.262.6%
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.
Peyton, CO32988-12%
Stratmoor, CO7,20990-10%
Security-Widefield, CO33,56697-3%
Fountain, CO26,88198-2%
Colorado Springs, CO433,54799-1%
Cimarron Hills, CO16,69894-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Artesia, CA16,69813838%
South Ogden, UT16,70298-2%
Greenfield city, CA16,7151088%
Highland Springs, VA16,67396-4%
Opelousas, LA16,66881-19%
Cimarron Hills, CO16,69894-6%
Source: The Cimarron Hills, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.