| Index | Evans | Colorado | National |
| Cost of living | 115 | 115 | 100 |
| Groceries | 102 | 104 | 100 |
| Health care | 108 | 107 | 100 |
| Housing | 133 | 136 | 100 |
| Transportation | 107 | 106 | 100 |
| Utilities | 113 | 108 | 100 |
| Lifestyle & Entertainment | 107 | 107 | 100 |
| Household Items | 107 | 105 | 100 |
| Education & Childcare | 117 | 111 | 100 |
Knowing the cost of living in Evans allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Evans stands at 115, marking it 15% higher than the national average.
Housing costs are a major factor in the Evans cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 32.8% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.
Is Evans an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Evans, the median home price is 32.4% higher than what most folks pay across the country, and monthly rent prices are 33.7% higher than the usual rates. Income levels in Evans come in at $95,906, which is 17.9% higher than the national average.
Subsidies: Some areas might offer government subsidies or assistance programs that help lower cost of living for residents. These programs can include anything from Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and crop subsidies. Areas that offer less subsidies, could see an increase in their cost of living.
Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Evans, the utilities index stands at 13% higher than the national average.
Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.
The cost of living data for Evans shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
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| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $104,862 | $8,739 | $2,447 | $3,146 |
| Renters | $79,864 | $6,655 | $1,863 | $2,396 |
| State | General Sales Tax | With Max Surtax |
| Colorado | 2.9% | 10% |
| State | Income Tax (Low) | Income Tax (High) |
| Colorado | 4.4% | 4.4% |
| City | Population | Cost of Living Index | National Avg. |
| Garden City, CO | 214 | 99 | 0.9% |
| Ault, CO | 2,198 | 112 | 11.7% |
| Gilcrest, CO | 1,415 | 112 | 12.4% |
| La Salle, CO | 3,448 | 115 | 14.7% |
| Kersey, CO | 1,932 | 116 | 15.5% |
| Evans, CO | 22,678 | 115 | 15.2% |
| City | Population | Cost of Living Index | National Avg. |
| Belton, TX | 22,671 | 96 | 3.7% |
| Bloomingdale, IL | 22,685 | 118 | 18.1% |
| Union City, GA | 22,686 | 96 | 3.6% |
| Chester, VA | 22,686 | 110 | 10.2% |
| Corcoran, CA | 22,663 | 108 | 7.6% |
| Evans, CO | 22,678 | 115 | 15.2% |
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