Colo 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.
IndexColoIowaNational
Cost of living index8389100
IndexColoIowaNational
Goods & Services index9095100
Groceries index9194100
Health care index10097100
Housing index6373100
Transportation index10799100
Utilities index8095100

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Did you know?

  • The cost of living in Colo is 6% lower than the Iowa average.
  • The cost of living in Colo is 17% lower than the national average.
  • The cost of housing in Colo is 37% lower than the national average.
  • Iowa general sales tax is 18% higher than the national average.
  • Iowa state income tax is 84% lower than the national average.

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Compare Colo, IA Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$62,404$5,200$1,456$1,872
Renters$51,250$4,271$1,196$1,538

Iowa Sales Tax

StateGeneral Sales TaxWith Max Surtax
Iowa6%7%

Iowa Income Tax

StateIncome Tax (Low)Income Tax (High)
Iowa0.36%8.98%

Goods & Services

ItemColoNational avg.Difference
Haircut $16.11$16.090.2%
Beauty Salon $32.70$37.3312.4%
Toothpaste $1.84$2.4524.7%
Shampoo $0.85$1.0015.4%
Movie $8.74$10.2815.0%
Bowling $5.00$4.931.4%

Groceries

ItemColoNational avg.Difference
Ground Beef $3.02$3.8020.7%
Fried Chicken $1.53$1.409.3%
Milk $1.91$2.014.7%
Potatoes $1.96$3.0134.9%
Pizza $8.71$9.8911.9%
Beer $8.49$8.904.6%

Health Care

ItemColoNational avg.Difference
Optometrist $89.00$102.1612.9%
Doctor $107.67$108.360.6%
Dentist $92.06$92.530.5%
Ibuprofen $9.31$9.280.4%
Lipitor $440.68$425.823.5%

Housing

ItemColoNational avg.Difference
Home Price $105,100.00$184,700.0043.1%
Avg. Mortgage Payment $1,160.93$1,202.443.5%
Apartment Rent $729.00$949.0023.2%

Transportation

ItemColoNational avg.Difference
Gasoline $2.32$2.243.3%
Tire Balancing $53.17$46.2914.9%

Utilities

ItemColoNational avg.Difference
All Electricity$135.39$165.9618.4%
Phone $22.40$28.6821.9%
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, StatePopulationCost of Living IndexNational Avg.
St. Anthony, IA11577-23%
Clemons, IA11178-22%
Rhodes, IA25778-22%
McCallsburg, IA32580-20%
Zearing, IA56380-20%
Colo, IA88683-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Gladbrook, IA88683-17%
Mapleton, ND88696-4%
Mountain Mesa, CA88611212%
Marion, MT8861044%
Port Royal, PA88690-10%
Colo, IA88683-17%
Source: The Colo, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.