El Jebel 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.
IndexEl JebelColoradoNational
Cost of living index131107100
IndexEl JebelColoradoNational
Goods & Services index11299100
Groceries index103103100
Health care index115102100
Housing index190127100
Transportation index9895100
Utilities index8888100
A general summary of the cost of living index in El Jebel, CO is shown above. Compared to the state average of Colorado the cost of living index in El Jebel, CO is 131, which is 23% higher than the average in Colorado and compared to the national average it is 31% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In El Jebel, CO goods and services come in at 13% higher than the average in Colorado and are 12% higher than compared to the nationwide average.

Did you know?

  • The cost of living in El Jebel is 23% higher than the Colorado average.
  • The cost of living in El Jebel is 31% higher than the national average.
  • The cost of housing in El Jebel is 90% 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 El Jebel, CO Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in El Jebel, CO to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in El Jebel, CO, then you would need to earn more income in order to maintain the same standard of living. To use the El Jebel, CO salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$82,703$6,892$1,930$2,481
Renters$27,447$2,287$640$823
If you want to find a good determining factor for the cost of living and the general affordability of housing in El Jebel, CO, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In El Jebel, CO, the median monthly income is $82,703 for those who own their own homes. Under the standard rule, that income level would allow for $1,930 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $27,447, per the median income in the area. That would allow for renters to spend up to $640 on monthly rental expenses.

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 El Jebel, 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

ItemEl JebelNational 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

ItemEl JebelNational 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

ItemEl JebelNational 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

ItemEl JebelNational avg.Difference
Home Price $355,600.00$175,700.00102.4%
Avg. Mortgage Payment $1,765.71$1,133.2355.8%
Apartment Rent $1,473.00$920.0060.1%

Transportation

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

Utilities

ItemEl JebelNational 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.
Cattle Creek, CO85386-14%
Glenwood Springs, CO9,66812727%
No Name, CO19213232%
Aspen, CO6,70013838%
Carbondale, CO6,46414242%
El Jebel, CO3,45013131%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Corunna, MI3,45085-15%
Seymour city, WI3,44991-9%
Essexville, MI3,45187-13%
Toledo, OR3,4491066%
Argyle, TX3,44913131%
El Jebel, CO3,45013131%
Source: The El Jebel, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.