Roxborough Park 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.
IndexRoxborough ParkColoradoNational
Cost of living index124107100
IndexRoxborough ParkColoradoNational
Goods & Services index10299100
Groceries index106103100
Health care index107102100
Housing index175127100
Transportation index10495100
Utilities index9388100
Displayed above is a general overview of the Roxborough Park, CO cost of living index. The overall cost of living index in Roxborough Park, CO is 124, which is 16% higher than the Colorado average and 24% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Roxborough Park, CO are 3% higher than the Colorado average and 2% higher than the national average.

Did you know?

  • The cost of living in Roxborough Park is 16% higher than the Colorado average.
  • The cost of living in Roxborough Park is 24% higher than the national average.
  • The cost of housing in Roxborough Park is 75% 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 Roxborough Park, CO Cost of living To Other Cities

Salary Calculator

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The salary calculator allows you to compare how much your current salary in Roxborough Park, CO would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Roxborough Park, CO, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Roxborough Park, CO salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$101,682$8,474$2,372$3,051
Renters$59,475$4,956$1,388$1,784
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 Roxborough Park, 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. Roxborough Park, CO has a median income of about $101,682 for people who own homes. Based on that number, a person should spend a maximum of $2,372 on expenses related to housing. Renters have a slightly different median income, which is $59,475. Based on this average, renters should spend no more than $1,388 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%
When you are determining the total cost of living in Roxborough Park, CO you will want to make sure you consider both the Colorado sales tax and the Colorado income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Colorado is 2.9%, with the highest surtax being 10%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Colorado have a range from 4.63% to 4.63%.

Goods & Services

ItemRoxborough ParkNational avg.Difference
Haircut $18.59$15.5619.4%
Beauty Salon $36.88$36.112.1%
Toothpaste $3.14$2.4726.9%
Shampoo $0.97$0.960.2%
Movie $11.18$10.1310.4%
Bowling $6.03$4.7427.3%

Groceries

ItemRoxborough ParkNational avg.Difference
Ground Beef $4.77$3.9819.6%
Fried Chicken $1.40$1.410.5%
Milk $1.78$2.0613.7%
Potatoes $2.81$2.985.8%
Pizza $7.33$9.4722.7%
Beer $8.43$8.794.1%

Health Care

ItemRoxborough ParkNational avg.Difference
Optometrist $102.80$101.041.7%
Doctor $134.18$107.4424.9%
Dentist $90.01$90.420.4%
Ibuprofen $9.40$9.281.3%
Lipitor $426.52$426.500.0%

Housing

ItemRoxborough ParkNational avg.Difference
Home Price $297,900.00$175,700.0069.6%
Avg. Mortgage Payment $1,431.28$1,133.2326.3%
Apartment Rent $1,712.00$920.0086.1%

Transportation

ItemRoxborough ParkNational avg.Difference
Gasoline $1.99$1.990.4%
Tire Balancing $52.50$45.7614.7%

Utilities

ItemRoxborough ParkNational avg.Difference
All Electricity$135.90$163.8117.0%
Phone $30.43$28.397.2%
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.
Rock Creek Park, CO01022%
Sheridan, CO5,81998-2%
Sedalia, CO1011000%
Dove Valley, CO5,4011055%
Englewood, CO31,2981066%
Roxborough Park, CO9,27312424%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Rincon, GA9,27398-2%
Little River, SC9,27399-1%
Park Forest Village, PA9,27611010%
Stuttgart, AR9,26985-15%
Clinton, OK9,28180-20%
Roxborough Park, CO9,27312424%
Source: The Roxborough Park, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.