Cost Of Living In Palisade, CO

Palisade 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	Palisade	Colorado	National
Cost of living index	95	107	100
Index	Palisade	Colorado	National
Goods & Services index	94	99	100
Groceries index	100	103	100
Health care index	100	102	100
Housing index	93	127	100
Transportation index	99	95	100
Utilities index	94	88	100

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The cost of living in Palisade is 11% lower than the Colorado average.
The cost of living in Palisade is 5% lower than the national average.
The cost of housing in Palisade is 7% 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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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	$49,779	$4,148	$1,161	$1,494
Renters	$30,446	$2,537	$710	$913

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	Palisade	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	Palisade	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	Palisade	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	Palisade	National avg.	Difference
Home Price	$168,400.00	$175,700.00	4.2%
Avg. Mortgage Payment	$1,066.48	$1,133.23	5.9%
Apartment Rent	$780.00	$920.00	15.2%

Transportation

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

Utilities

Item	Palisade	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.
Clifton, CO	20,262	91	-9%
Orchard Mesa, CO	6,272	98	-2%
Fruitvale, CO	8,422	101	1%
Grand Junction, CO	59,731	101	1%
Palisade, CO	2,635	95	-5%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Hedwig Village, TX	2,635	156	56%
Quarryville, PA	2,635	100	0%
Cumberland Center, ME	2,636	119	19%
Bloomfield, IA	2,636	79	-21%
Spooner, WI	2,634	88	-12%
Palisade, CO	2,635	95	-5%

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

Palisade, CO Cost of Living