Cascade-Chipita Park, Colorado Cost Of Living

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D-

Overall 10%

Goods & Services 10%

Housing 22%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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	Cascade-Chipita Park	Colorado	National
Cost of living	110	111	100
Goods & Services	110	105	100
Groceries	101	98	100
Health care	100	98	100
Housing	122	134	100
Transportation	103	105	100
Utilities	99	88	100

Key findings

The cost of living in Cascade-Chipita Park is equal to the Colorado average
The cost of living in Cascade-Chipita Park is 10% higher than the national average
Cascade-Chipita Park housing is 22% higher 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	$65,774	$5,481	$1,535	$1,973
Renters	$0	$0	$0	$0

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	Cascade-Chipita Park	National avg.	Difference
Haircut	$25.24	$20.27	24.5%
Beauty Salon	$45.60	$40.39	12.9%
Toothpaste	$1.96	$2.36	16.8%
Shampoo	$1.02	$1.08	5.5%
Movie	$10.73	$10.99	2.3%
Bowling	$15.29	$15.49	1.3%

Groceries

Item	Cascade-Chipita Park	National avg.	Difference
Ground Beef	$4.10	$4.30	4.6%
Fried Chicken	$1.19	$1.40	15.2%
Milk	$1.75	$2.20	20.4%
Potatoes	$2.58	$3.22	19.9%
Pizza	$11.21	$10.74	4.4%
Beer	$9.33	$9.60	2.8%

Health Care

Item	Cascade-Chipita Park	National avg.	Difference
Optometrist	$112.79	$109.73	2.8%
Doctor	$119.60	$118.34	1.1%
Dentist	$100.70	$100.94	0.2%
Ibuprofen	$9.29	$9.93	6.5%
Lipitor	$475.12	$469.53	1.2%

Housing

Item	Cascade-Chipita Park	National avg.	Difference
Home Price	$241,900.00	$184,700.00	31.0%
Avg. Mortgage Payment	$1,372.91	$1,229.62	11.7%
Apartment Rent	$950.00	$949.00	0.1%

Transportation

Item	Cascade-Chipita Park	National avg.	Difference
Gasoline	$2.81	$2.71	3.8%
Tire Balancing	$52.65	$51.86	1.5%

Utilities

Item	Cascade-Chipita Park	National avg.	Difference
All Electricity	$169.45	$170.84	0.8%
Phone	$185.54	$187.18	0.9%

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	Population	Cost of Living Index	National Avg.
Divide, CO	120	105	5.3%
Cripple Creek, CO	1,238	94	6.0%
Stratmoor, CO	5,821	99	1.0%
Green Mountain Falls, CO	644	106	6.0%
Colorado Springs, CO	448,759	108	8.0%
Cascade-Chipita Park, CO	1,365	110	10.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Wellman, IA	1,365	89	10.8%
Warrensburg, IL	1,365	82	17.5%
Monticello, MS	1,365	81	19.1%
Aetna Estates, CO	1,366	84	15.7%
Greenville, ME	1,364	93	6.7%
Cascade-Chipita Park, CO	1,365	110	10.2%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.