Towner 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.
IndexTownerColoradoNational
Cost of living index86107100
IndexTownerColoradoNational
Goods & Services index102101100
Groceries index8798100
Health care index92104100
Housing index58127100
Transportation index9599100
Utilities index10288100

Did you know?

  • The cost of living in Towner is 20% lower than the Colorado average.
  • The cost of living in Towner is 14% lower than the national average.
  • The cost of housing in Towner is 42% 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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Groceries index
Health care index
Housing index
Transportation index
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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$14,375$1,198$335$431
Renters$41,667$3,472$972$1,250

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

ItemTownerNational avg.Difference
Haircut $14.00$14.594.1%
Beauty Salon $37.17$34.687.2%
Toothpaste $2.29$2.477.4%
Shampoo $0.91$1.0211.0%
Movie $9.00$9.878.8%
Bowling $3.50$4.3920.3%

Groceries

ItemTownerNational avg.Difference
Ground Beef $2.79$4.4837.7%
Fried Chicken $1.06$1.4627.6%
Milk $2.06$2.3612.6%
Potatoes $2.26$3.0626.2%
Pizza $8.49$9.248.1%
Beer $8.07$8.636.5%

Health Care

ItemTownerNational avg.Difference
Optometrist $104.00$99.784.2%
Doctor $89.00$105.0315.3%
Dentist $79.33$88.7010.6%
Ibuprofen $7.98$9.4115.2%
Lipitor $304.38$298.502.0%

Housing

ItemTownerNational avg.Difference
Home Price $74,400.00$175,700.0057.7%
Avg. Mortgage Payment $991.21$1,081.038.3%
Apartment Rent $875.00$920.004.9%

Transportation

ItemTownerNational avg.Difference
Gasoline $2.07$2.090.8%
Tire Balancing $38.31$45.2915.4%

Utilities

ItemTownerNational avg.Difference
All Electricity$147.26$170.8013.8%
Phone $34.96$28.2623.7%
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.
Sheridan Lake, CO8168-32%
Greeley County, KS41995-5%
Towner, CO6086-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Orrum, NC6086-14%
Kinross, IA6074-26%
Brush Creek, OK6092-8%
Freedom Acres, AZ6097-3%
Flaming Gorge, UT6014646%
Towner, CO6086-14%
Source: The Towner, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.