Cost Of Living In Loma, CO

Loma 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.
Index	Loma	Colorado	National
Cost of living index	120	107	100
Index	Loma	Colorado	National
Goods & Services index	94	99	100
Groceries index	100	103	100
Health care index	100	102	100
Housing index	176	127	100
Transportation index	99	95	100
Utilities index	94	88	100

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The cost of living in Loma is 13% higher than the Colorado average.
The cost of living in Loma is 20% higher than the national average.
The cost of housing in Loma is 76% 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$103,641	$8,637	$2,418	$3,110
Renters	$32,017	$2,668	$747	$961

Colorado Sales Tax

State	General Sales Tax	With Max Surtax
Colorado	2.9%	10%

Colorado Income Tax

State	Income Tax (Low)	Income Tax (High)
Colorado	4.63%	4.63%

Goods & Services

Item	Loma	National avg.	Difference
Haircut	$15.45	$15.56	0.7%
Beauty Salon	$24.96	$36.11	30.9%
Toothpaste	$2.55	$2.47	3.3%
Shampoo	$0.83	$0.96	13.5%
Movie	$11.57	$10.13	14.2%
Bowling	$5.04	$4.74	6.5%

Groceries

Item	Loma	National avg.	Difference
Ground Beef	$4.55	$3.98	14.2%
Fried Chicken	$1.16	$1.41	17.4%
Milk	$1.83	$2.06	11.1%
Potatoes	$1.94	$2.98	34.9%
Pizza	$9.78	$9.47	3.3%
Beer	$7.78	$8.79	11.5%

Health Care

Item	Loma	National avg.	Difference
Optometrist	$104.98	$101.04	3.9%
Doctor	$134.73	$107.44	25.4%
Dentist	$83.39	$90.42	7.8%
Ibuprofen	$9.06	$9.28	2.3%
Lipitor	$342.22	$426.50	19.8%

Housing

Item	Loma	National avg.	Difference
Home Price	$369,700.00	$175,700.00	110.4%
Avg. Mortgage Payment	$1,066.48	$1,133.23	5.9%
Apartment Rent	$887.00	$920.00	3.6%

Transportation

Item	Loma	National avg.	Difference
Gasoline	$1.98	$1.99	0.5%
Tire Balancing	$45.54	$45.76	0.5%

Utilities

Item	Loma	National avg.	Difference
All Electricity	$141.83	$163.81	13.4%
Phone	$29.99	$28.39	5.6%

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, State	Population	Cost of Living Index	National Avg.
Grand Junction, CO	59,731	101	1%
Fruita, CO	12,702	101	1%
Redlands, CO	9,546	113	13%
Loma, CO	1,442	120	20%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Britton, SD	1,442	87	-13%
Wilderness Rim, WA	1,443	126	26%
Mineralwells, WV	1,441	87	-13%
Warsaw, IL	1,441	76	-24%
Teaticket, MA	1,441	133	33%
Loma, CO	1,442	120	20%

Source: The Loma, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Loma, CO Cost of Living