Alamosa, Colorado Cost Of Living

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Overall 11%

Goods & Services 5%

Housing 27%

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Alamosa	Colorado	National
Cost of living	89	110	100
Goods & Services	96	103	100
Groceries	98	97	100
Health care	92	104	100
Housing	73	134	100
Transportation	102	102	100
Utilities	92	86	100

Key findings

The cost of living in Alamosa is 19% lower than the Colorado average
The cost of living in Alamosa is 11% lower than the national average
Alamosa housing is 27% lower than the national average
Colorado general sales tax is 43% lower than the national average
Colorado state income tax is 88% 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	$47,554	$3,963	$1,110	$1,427
Renters	$14,613	$1,218	$341	$438

The affordability of the housing market in Alamosa, CO as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Alamosa homeowners, the median income is $47,554. This indicates that a monthly maximum of $1,110 should be spent by homeowners on all housing related costs. Renters have a median income of $14,613. This indicates that renters would have a maximum of $341 for their rent related monthly costs.

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	Alamosa	National avg.	Difference
Haircut	$16.50	$17.49	5.7%
Beauty Salon	$35.33	$38.17	7.4%
Toothpaste	$2.15	$2.32	7.4%
Shampoo	$1.09	$1.01	7.7%
Movie	$10.82	$10.72	0.9%
Bowling	$10.00	$13.86	27.9%

Groceries

Item	Alamosa	National avg.	Difference
Ground Beef	$3.20	$3.90	17.9%
Fried Chicken	$1.21	$1.40	13.3%
Milk	$1.69	$1.96	13.9%
Potatoes	$3.32	$3.18	4.3%
Pizza	$8.59	$10.39	17.4%
Beer	$9.24	$9.23	0.1%

Health Care

Item	Alamosa	National avg.	Difference
Optometrist	$88.00	$106.34	17.2%
Doctor	$98.00	$115.25	15.0%
Dentist	$88.50	$98.38	10.0%
Ibuprofen	$9.31	$9.26	0.5%
Lipitor	$497.77	$466.47	6.7%

Housing

Item	Alamosa	National avg.	Difference
Home Price	$142,700.00	$184,700.00	22.7%
Avg. Mortgage Payment	$1,146.14	$1,273.32	10.0%
Apartment Rent	$608.00	$949.00	35.9%

Transportation

Item	Alamosa	National avg.	Difference
Gasoline	$2.84	$2.59	9.7%
Tire Balancing	$45.32	$48.90	7.3%

Utilities

Item	Alamosa	National avg.	Difference
All Electricity	$143.89	$167.60	14.2%
Phone	$181.02	$163.42	10.8%

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.
La Jara, CO	666	84	-16%
Alamosa East, CO	1,690	87	-13%
Capulin, CO	140	88	-12%
Alamosa, CO	9,671	89	-11%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Cheat Lake, WV	9,671	104	4%
Waggaman, LA	9,673	92	-8%
Brandon, SD	9,674	95	-5%
Forestdale, AL	9,679	85	-15%
Brandywine, MD	9,681	129	29%
Alamosa, CO	9,671	89	-11%

Source: The Alamosa, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Alamosa, CO Cost of Living

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