Cost of Living in Basalt, CO

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F
81%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
255%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Basalt Colorado National
Cost of living181115100
Groceries103104100
Health care106107100
Housing355136100
Transportation107106100
Utilities110108100
Lifestyle & Entertainment109107100
Household Items106105100
Education & Childcare112111100
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Homes For Sale In Basalt, CO

property for sale

1350 Old Herron Rd

Basalt, CO
property for sale

1400 E Valley Rd #212

Basalt, CO
property for sale

464 Hooks Ln

Basalt, CO
property for sale

104 Lakeside Dr

Basalt, CO

Cost Of Living Quick Facts

  • The cost of living in Basalt is 57% higher than the Colorado average
  • The cost of living in Basalt is 81% higher than the national average
  • Basalt housing is 255% higher than the national average
  • Colorado general sales tax is 43% lower than the national average
  • Colorado state income tax is 69% higher than the national average

Most Affordable Places to Live in and Around Basalt

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      Salary Calculator

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      Utilities index
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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$149,323$12,444$3,484$4,480
      Renters$152,188$12,682$3,551$4,566
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Basalt, CO, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Basalt, homeowners have a median income of $149,323. Using that number, a maximum of $3,484 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $152,188, which means there is a maximum of $3,551 to be spent on the costs of renting a home or apartment.

      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 4.4% 4.4%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Redstone, CO441076.8%
      Catherine, CO2241076.8%
      Cattle Creek, CO6691076.8%
      No Name, CO2771076.8%
      Woody Creek, CO217973.2%
      Basalt, CO4,03618181.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Santa Venetia, CA4,03519090.4%
      Green Oaks, IL4,03414645.6%
      Lyncourt, NY4,034954.6%
      Scott City, KS4,038928.1%
      Bunkie, LA4,0388613.8%
      Basalt, CO4,03618181.4%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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