Watkins 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.
IndexWatkinsColoradoNational
Cost of living index144108100
IndexWatkinsColoradoNational
Goods & Services index10799100
Groceries index9899100
Health care index105103100
Housing index239134100
Transportation index106104100
Utilities index9478100

Did you know?

  • The cost of living in Watkins is 33% higher than the Colorado average.
  • The cost of living in Watkins is 44% higher than the national average.
  • The cost of housing in Watkins is 139% 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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Groceries index
Health care index
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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$118,646$9,887$2,768$3,560
Renters$0$0$0$0

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

ItemWatkinsNational avg.Difference
Haircut $19.24$16.0919.6%
Beauty Salon $37.83$37.331.3%
Toothpaste $2.32$2.455.3%
Shampoo $1.00$1.000.1%
Movie $12.42$10.2820.8%
Bowling $6.12$4.9324.2%

Groceries

ItemWatkinsNational avg.Difference
Ground Beef $3.88$3.802.1%
Fried Chicken $1.35$1.403.6%
Milk $1.72$2.0114.3%
Potatoes $2.33$3.0122.7%
Pizza $9.26$9.896.3%
Beer $8.48$8.904.7%

Health Care

ItemWatkinsNational avg.Difference
Optometrist $100.38$102.161.7%
Doctor $131.22$108.3621.1%
Dentist $91.02$92.531.6%
Ibuprofen $9.01$9.282.9%
Lipitor $427.16$425.820.3%

Housing

ItemWatkinsNational avg.Difference
Home Price $441,300.00$184,700.00138.9%
Avg. Mortgage Payment $1,616.31$1,202.4434.4%
Apartment Rent $0.00$949.00100.0%

Transportation

ItemWatkinsNational avg.Difference
Gasoline $2.25$2.240.3%
Tire Balancing $54.00$46.2916.7%

Utilities

ItemWatkinsNational avg.Difference
All Electricity$129.57$165.9621.9%
Phone $32.29$28.6812.6%
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.
Bennett, CO2,09799-1%
Aurora, CO351,1311066%
Dove Valley, CO5,3581099%
Meridian, CO3,32712222%
Stonegate, CO9,47812424%
Watkins, CO73314444%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Ellendale, MN73388-12%
Reddick, FL73385-15%
Waterville, KS73379-21%
Etna, CA7331000%
Chevy Chase Section Three, MD733228128%
Watkins, CO73314444%
Source: The Watkins, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.