C-
Overall 2%
Goods & Services 4%
Housing 18%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; 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.
IndexEatonColoradoNational
Cost of living102110100
Goods & Services104103100
Groceries8497100
Health care98104100
Housing118134100
Transportation95102100
Utilities7986100

Key findings

  • The cost of living in Eaton is 7% lower than the Colorado average
  • The cost of living in Eaton is 2% higher than the national average
  • Eaton housing is 18% 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

Most Affordable Places to Live in and Around Eaton

See all the best places to live around Eaton

Compare Eaton, CO Cost of Living

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

      Salary Calculator

      This is how much you would need to earn in
      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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$83,750$6,979$1,954$2,513
      Renters$43,417$3,618$1,013$1,303
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Eaton, 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 Eaton homeowners, is $83,750. This would allow for a maximum of $1,954 per month to be spent on housing costs. For renters, the median monthly income is $43,417 which would result in a maximum of $1,013 to be spent on rental costs.

      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

      ItemEatonNational avg.Difference
      Haircut $24.00$17.4937.2%
      Beauty Salon $35.00$38.178.3%
      Toothpaste $1.79$2.3222.9%
      Shampoo $0.88$1.0113.0%
      Movie $13.49$10.7225.8%
      Bowling $20.00$13.8644.3%

      Groceries

      ItemEatonNational avg.Difference
      Ground Beef $3.94$3.901.0%
      Fried Chicken $1.48$1.406.0%
      Milk $1.19$1.9639.4%
      Potatoes $1.97$3.1838.1%
      Pizza $10.99$10.395.7%
      Beer $8.98$9.232.7%

      Health Care

      ItemEatonNational avg.Difference
      Optometrist $108.00$106.341.6%
      Doctor $120.00$115.254.1%
      Dentist $90.00$98.388.5%
      Ibuprofen $7.97$9.2613.9%
      Lipitor $508.67$466.479.0%

      Housing

      ItemEatonNational avg.Difference
      Home Price $234,600.00$184,700.0027.0%
      Avg. Mortgage Payment $1,896.78$1,273.3249.0%
      Apartment Rent $927.00$949.002.3%

      Transportation

      ItemEatonNational avg.Difference
      Gasoline $2.26$2.5912.8%
      Tire Balancing $55.00$48.9012.5%

      Utilities

      ItemEatonNational avg.Difference
      All Electricity$103.99$167.6038.0%
      Phone $183.87$163.4212.5%
      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.
      Garden City, CO24084-16%
      Ault, CO1,86991-9%
      Pierce, CO96692-8%
      Kersey, CO1,66493-7%
      Nunn, CO56298-2%
      Eaton, CO4,7911022%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Clinton, IN4,79182-18%
      Tonganoxie, KS4,79295-5%
      Oak Park Heights, MN4,79011414%
      Beckett, NJ4,79211414%
      Harrington Park, NJ4,79016262%
      Eaton, CO4,7911022%
      Source: The Eaton, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.