Inverness, CO Cost Of Living

Inverness 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	Inverness	Colorado	National
Cost of living index	129	108	100
Index	Inverness	Colorado	National
Goods & Services index	107	99	100
Groceries index	98	99	100
Health care index	105	103	100
Housing index	189	134	100
Transportation index	106	104	100
Utilities index	94	78	100

Find Real Estate Listings In Inverness

New Real Estate Listings In Inverness

Did you know?

The cost of living in Inverness is 19% higher than the Colorado average.
The cost of living in Inverness is 29% higher than the national average.
The cost of housing in Inverness is 89% 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.

Real Estate Listings In Inverness

The best places in Colorado

Here are the best places to live in Colorado

See the best places to live in & around Inverness

Top 10 cities in Colorado with the best education system

Check out the 10 safest cities in Colorado

Compare Inverness, CO Cost of living To Other Cities

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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$101,360	$8,447	$2,365	$3,041
Renters	$88,833	$7,403	$2,073	$2,665

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	Inverness	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	Inverness	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	Inverness	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	Inverness	National avg.	Difference
Home Price	$373,300.00	$184,700.00	102.1%
Avg. Mortgage Payment	$1,616.31	$1,202.44	34.4%
Apartment Rent	$1,497.00	$949.00	57.7%

Transportation

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

Utilities

Item	Inverness	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.
Glendale CDP, CO	78	103	3%
Lakeside, CO	10	80	-20%
Glendale, CO	4,905	97	-3%
Sheridan, CO	5,965	100	0%
Aurora, CO	351,131	106	6%
Inverness, CO	1,189	129	29%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Ravenna, MI	1,189	85	-15%
Worthington, IN	1,189	81	-19%
Walnut Creek, OH	1,188	104	4%
Cole Camp, MO	1,188	81	-19%
Columbine Valley, CO	1,190	182	82%
Inverness, CO	1,189	129	29%

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

Inverness, CO Cost of Living