Powers 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.
IndexPowersColorado SpringsColorado
Cost of living index97100108
IndexPowersColorado SpringsColorado
Goods & Services index959599
Groceries index979799
Health care index104104103
Housing index105114134
Transportation index9797104
Utilities index767678

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Did you know?

  • The cost of living in Powers is 10% lower than the Colorado Springs average.
  • The cost of living in Powers is 3% lower than the national average.
  • The cost of housing in Powers is 5% higher 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Household$61,137$5,095$1,426$1,834

Colorado Sales Tax

StateGeneral Sales TaxWith Max Surtax
Colorado2.9%10%

Colorado Income Tax

StateIncome Tax (Low)Income Tax (High)
Colorado4.63%4.63%

Goods & Services

ItemColorado SpringsNational avg.Difference
Haircut $13.75$16.0914.5%
Beauty Salon $42.52$37.3313.9%
Toothpaste $2.48$2.451.2%
Shampoo $0.99$1.001.1%
Movie $10.21$10.280.7%
Bowling $3.29$4.9333.4%

Groceries

ItemColorado SpringsNational avg.Difference
Ground Beef $4.06$3.806.7%
Fried Chicken $1.24$1.4011.2%
Milk $1.71$2.0114.7%
Potatoes $2.54$3.0115.7%
Pizza $8.68$9.8912.2%
Beer $8.95$8.900.6%

Health Care

ItemColorado SpringsNational avg.Difference
Optometrist $105.65$102.163.4%
Doctor $117.73$108.368.7%
Dentist $96.76$92.534.6%
Ibuprofen $9.04$9.282.5%
Lipitor $425.47$425.820.1%

Housing

ItemColorado SpringsNational avg.Difference
Home Price $222,100.00$184,700.0020.2%
Avg. Mortgage Payment $1,152.86$1,202.444.1%
Apartment Rent $958.00$949.000.9%

Transportation

ItemColorado SpringsNational avg.Difference
Gasoline $2.12$2.245.6%
Tire Balancing $47.05$46.291.6%

Utilities

ItemColorado SpringsNational avg.Difference
All Electricity$134.38$165.9619.0%
Phone $19.99$28.6830.3%
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.
Peyton, CO33486-14%
Stratmoor, CO5,82191-9%
Cimarron Hills, CO17,24093-7%
Security-Widefield, CO34,95696-4%
Fountain, CO27,81799-1%
Colorado Springs, CO448,7591000%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Virginia Beach, VA449,73311818%
Omaha, NE443,07289-11%
Raleigh, NC441,3261055%
Atlanta, GA456,3781055%
Miami, FL432,6221099%
Colorado Springs, CO448,7591000%
Source: The Powers, Colorado Springs, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.