La Junta 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.
IndexLa JuntaColoradoNational
Cost of living index79107100
IndexLa JuntaColoradoNational
Goods & Services index84101100
Groceries index9798100
Health care index92104100
Housing index60127100
Transportation index8899100
Utilities index8388100
An overview of the general cost of living index for La Junta, CO is displayed above for your reference. Residents in La Junta, CO enjoy a cost of living index of 79. This index is 26% lower than the Colorado average, and 21% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in La Junta, CO, the average cost of goods and services is 17% lower than it is in Colorado, and it is 16% lower than the national average.

Did you know?

  • The cost of living in La Junta is 26% lower than the Colorado average.
  • The cost of living in La Junta is 21% lower than the national average.
  • The cost of housing in La Junta is 40% 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 La Junta, CO Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in La Junta, CO to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in La Junta, CO, you have to earn a higher income in order to still have the same standard of living. To operate the La Junta, CO salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$42,741$3,562$997$1,282
Renters$18,308$1,526$427$549
If you want to find a good determining factor for the cost of living and the general affordability of housing in La Junta, 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 La Junta, CO, the median monthly income is $42,741 for those who own their own homes. Under the standard rule, that income level would allow for $997 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $18,308, per the median income in the area. That would allow for renters to spend up to $427 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%
The Colorado sales tax and Colorado income tax rates should definitely be considered when determining the overall cost of living in La Junta, CO. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Colorado sales tax is 2.9% and the maximum surtax is 10%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Colorado income tax rates range from 4.63% to 4.63%.

Goods & Services

ItemLa JuntaNational avg.Difference
Haircut $11.33$14.5922.4%
Beauty Salon $21.67$34.6837.5%
Toothpaste $2.28$2.477.8%
Shampoo $0.87$1.0214.9%
Movie $9.50$9.873.7%
Bowling $3.00$4.3931.7%

Groceries

ItemLa JuntaNational avg.Difference
Ground Beef $4.99$4.4811.5%
Fried Chicken $0.98$1.4633.1%
Milk $2.09$2.3611.3%
Potatoes $2.18$3.0628.8%
Pizza $7.99$9.2413.6%
Beer $8.39$8.632.8%

Health Care

ItemLa JuntaNational avg.Difference
Optometrist $84.75$99.7815.1%
Doctor $104.00$105.031.0%
Dentist $81.33$88.708.3%
Ibuprofen $8.32$9.4111.6%
Lipitor $263.12$298.5011.9%

Housing

ItemLa JuntaNational avg.Difference
Home Price $93,800.00$175,700.0046.6%
Avg. Mortgage Payment $682.33$1,081.0336.9%
Apartment Rent $697.00$920.0024.2%

Transportation

ItemLa JuntaNational avg.Difference
Gasoline $1.84$2.0912.0%
Tire Balancing $40.00$45.2911.7%

Utilities

ItemLa JuntaNational avg.Difference
All Electricity$136.03$170.8020.4%
Phone $24.99$28.2611.6%
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.
La Junta Gardens, CO2287-13%
Rocky Ford, CO3,92575-25%
North La Junta, CO39475-25%
Cheraw, CO20277-23%
Swink, CO77579-21%
La Junta, CO7,04079-21%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Perry, FL7,04079-21%
Sausalito, CA7,043222122%
Bellbrook, OH7,0351000%
Rumson, NJ7,045222122%
Atherton, CA7,034222122%
La Junta, CO7,04079-21%
Source: The La Junta, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.