Cost of Living in Craig, CO

Get 300+ Local Insights for Any Address in Craig, CO

Get Access to 300+ Local Data Points
A
3%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
6%
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 Craig Colorado National
Cost of living103115100
Groceries103104100
Health care106107100
Housing94136100
Transportation107106100
Utilities110108100
Lifestyle & Entertainment109107100
Household Items106105100
Education & Childcare112111100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Craig, CO

property for sale

3547 Timberlane Dr Lot 586

Craig, CO
property for sale

676 Overlook Dr

Craig, CO
property for sale

605 Lincoln St

Craig, CO
property for sale

889 Breeze St

Craig, CO
See the Newest Homes For Sale In Craig, CO

Cost Of Living Quick Facts

  • The cost of living in Craig is 11% lower than the Colorado average
  • The cost of living in Craig is 3% higher than the national average
  • Craig housing is 6% lower 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 Craig

See all the best places to live around Craig

Compare Craig, CO Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Craig?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Craig?
      Write a review to give others more information about this area.
      See all Craig poll results

      The best places in Colorado

      Here are the best places to live in ColoradoSee the best places to live in CraigThese are the 10 cheapest cities in ColoradoSafest Cities In The US
      Best Places in Colorado

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$97,138$8,095$2,266$2,914
      Renters$48,371$4,031$1,129$1,451
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Craig, CO, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Craig homeowners, is $97,138. This would allow for a maximum of $2,266 per month to be spent on housing costs. For renters, the median monthly income is $48,371 which would result in a maximum of $1,129 to be spent on rental costs.

      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.
      Craig, CO9,2681032.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Fairview, TN9,2681088.3%
      Burlington, WA9,26711717.4%
      Brandywine, MD9,26913938.6%
      Lock Haven, PA9,265919.4%
      Old Orchard Beach, ME9,2731087.8%
      Craig, CO9,2681032.8%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026