Franktown, CO Cost Of Living

Franktown 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.
Index	Franktown	Colorado	National
Cost of living index	127	108	100
Index	Franktown	Colorado	National
Goods & Services index	107	99	100
Groceries index	98	99	100
Health care index	105	103	100
Housing index	184	134	100
Transportation index	106	104	100
Utilities index	94	78	100

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The cost of living in Franktown is 18% higher than the Colorado average.
The cost of living in Franktown is 27% higher than the national average.
The cost of housing in Franktown is 84% 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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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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$93,393	$7,783	$2,179	$2,802
Renters	$0	$0	$0	$0

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	4.63%	4.63%

Goods & Services

Item	Franktown	National avg.	Difference
Haircut	$19.24	$16.09	19.6%
Beauty Salon	$37.83	$37.33	1.3%
Toothpaste	$2.32	$2.45	5.3%
Shampoo	$1.00	$1.00	0.1%
Movie	$12.42	$10.28	20.8%
Bowling	$6.12	$4.93	24.2%

Groceries

Item	Franktown	National avg.	Difference
Ground Beef	$3.88	$3.80	2.1%
Fried Chicken	$1.35	$1.40	3.6%
Milk	$1.72	$2.01	14.3%
Potatoes	$2.33	$3.01	22.7%
Pizza	$9.26	$9.89	6.3%
Beer	$8.48	$8.90	4.7%

Health Care

Item	Franktown	National avg.	Difference
Optometrist	$100.38	$102.16	1.7%
Doctor	$131.22	$108.36	21.1%
Dentist	$91.02	$92.53	1.6%
Ibuprofen	$9.01	$9.28	2.9%
Lipitor	$427.16	$425.82	0.3%

Housing

Item	Franktown	National avg.	Difference
Home Price	$339,700.00	$184,700.00	83.9%
Avg. Mortgage Payment	$1,616.31	$1,202.44	34.4%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Franktown	National avg.	Difference
Gasoline	$2.25	$2.24	0.3%
Tire Balancing	$54.00	$46.29	16.7%

Utilities

Item	Franktown	National avg.	Difference
All Electricity	$129.57	$165.96	21.9%
Phone	$32.29	$28.68	12.6%

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, State	Population	Cost of Living Index	National Avg.
Elbert, CO	167	91	-9%
Elizabeth, CO	1,174	105	5%
Larkspur, CO	221	100	0%
Sedalia, CO	157	108	8%
Rock Creek Park, CO	57	109	9%
Franktown, CO	257	127	27%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Lodge Pole, MT	257	80	-20%
Harrison, NE	257	82	-18%
Madrid, NE	257	79	-21%
Bath, IL	257	82	-18%
Lemon Cove, CA	257	112	12%
Franktown, CO	257	127	27%

Source: The Franktown, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Franktown, CO Cost of Living