Central City, CO Cost Of Living

Central City 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.
Index	Central City	Colorado	National
Cost of living index	96	108	100
Index	Central City	Colorado	National
Goods & Services index	99	99	100
Groceries index	100	99	100
Health care index	93	103	100
Housing index	98	134	100
Transportation index	115	104	100
Utilities index	59	78	100

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The cost of living in Central City is 11% lower than the Colorado average.
The cost of living in Central City is 4% lower than the national average.
The cost of housing in Central City is 2% 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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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	$41,786	$3,482	$975	$1,254
Renters	$50,809	$4,234	$1,185	$1,524

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	Central City	National avg.	Difference
Haircut	$19.73	$16.09	22.6%
Beauty Salon	$32.71	$37.33	12.4%
Toothpaste	$1.53	$2.45	37.5%
Shampoo	$0.79	$1.00	20.8%
Movie	$12.05	$10.28	17.2%
Bowling	$6.21	$4.93	25.8%

Groceries

Item	Central City	National avg.	Difference
Ground Beef	$3.41	$3.80	10.4%
Fried Chicken	$1.48	$1.40	6.1%
Milk	$1.81	$2.01	9.9%
Potatoes	$3.64	$3.01	20.9%
Pizza	$9.94	$9.89	0.5%
Beer	$8.81	$8.90	1.0%

Health Care

Item	Central City	National avg.	Difference
Optometrist	$111.01	$102.16	8.7%
Doctor	$121.95	$108.36	12.5%
Dentist	$64.67	$92.53	30.1%
Ibuprofen	$8.48	$9.28	8.6%
Lipitor	$426.05	$425.82	0.1%

Housing

Item	Central City	National avg.	Difference
Home Price	$180,400.00	$184,700.00	2.3%
Avg. Mortgage Payment	$1,833.88	$1,202.44	52.5%
Apartment Rent	$935.00	$949.00	1.5%

Transportation

Item	Central City	National avg.	Difference
Gasoline	$2.31	$2.24	2.9%
Tire Balancing	$65.49	$46.29	41.5%

Utilities

Item	Central City	National avg.	Difference
All Electricity	$121.83	$165.96	26.6%
Phone	$12.39	$28.68	56.8%

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.
Eldora, CO	119	95	-5%
Rollinsville, CO	146	95	-5%
Silver Plume, CO	208	94	-6%
Idaho Springs, CO	1,937	94	-6%
Empire, CO	301	96	-4%
Central City, CO	699	96	-4%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Bulls Gap, TN	699	84	-16%
Worthington, PA	699	89	-11%
Benns Church, VA	699	99	-1%
Kuttawa, KY	699	96	-4%
Early, IA	699	77	-23%
Central City, CO	699	96	-4%

Source: The Central City, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Central City, CO Cost of Living