Towaoc 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.
IndexTowaocColoradoNational
Cost of living index80107100
IndexTowaocColoradoNational
Goods & Services index9499100
Groceries index100103100
Health care index100102100
Housing index40127100
Transportation index9995100
Utilities index9488100

Did you know?

  • The cost of living in Towaoc is 25% lower than the Colorado average.
  • The cost of living in Towaoc is 20% lower than the national average.
  • The cost of housing in Towaoc is 60% 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 Towaoc, CO Cost of living To Other Cities

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Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$42,833$3,569$999$1,285
Renters$16,875$1,406$394$506

Colorado Sales Tax

StateGeneral Sales TaxWith Max Surtax
Colorado2.9%10%

Colorado Income Tax

StateIncome Tax (Low)Income Tax (High)
Colorado4.63%4.63%

Goods & Services

ItemTowaocNational avg.Difference
Haircut $15.45$15.560.7%
Beauty Salon $24.96$36.1130.9%
Toothpaste $2.55$2.473.3%
Shampoo $0.83$0.9613.5%
Movie $11.57$10.1314.2%
Bowling $5.04$4.746.5%

Groceries

ItemTowaocNational avg.Difference
Ground Beef $4.55$3.9814.2%
Fried Chicken $1.16$1.4117.4%
Milk $1.83$2.0611.1%
Potatoes $1.94$2.9834.9%
Pizza $9.78$9.473.3%
Beer $7.78$8.7911.5%

Health Care

ItemTowaocNational avg.Difference
Optometrist $104.98$101.043.9%
Doctor $134.73$107.4425.4%
Dentist $83.39$90.427.8%
Ibuprofen $9.06$9.282.3%
Lipitor $342.22$426.5019.8%

Housing

ItemTowaocNational avg.Difference
Home Price $78,100.00$175,700.0055.5%
Avg. Mortgage Payment $1,066.48$1,133.235.9%
Apartment Rent $283.00$920.0069.2%

Transportation

ItemTowaocNational avg.Difference
Gasoline $1.98$1.990.5%
Tire Balancing $45.54$45.760.5%

Utilities

ItemTowaocNational avg.Difference
All Electricity$141.83$163.8113.4%
Phone $29.99$28.395.6%
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.
Cortez, CO8,51592-8%
Towaoc, CO98580-20%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Walker, MN98593-7%
Arlington Heights, OH98586-14%
Lake Kathryn, FL98580-20%
Harbor Springs, MI98699-1%
Chevak, AK98611010%
Towaoc, CO98580-20%
Source: The Towaoc, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.