Cost of Living in Lake City, CO

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C
16%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
37%
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 Lake City Colorado National
Cost of living116115100
Groceries103104100
Health care106107100
Housing137136100
Transportation107106100
Utilities110108100
Lifestyle & Entertainment109107100
Household Items106105100
Education & Childcare112111100
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Homes For Sale In Lake City, CO

property for sale

TBD Henson St

Lake City, CO
property for sale

1872 San Juan Springs Dr

Lake City, CO
property for sale

13300 Hinsdale County 30 Rd

Lake City, CO
property for sale

1211 Forest Dr

Lake City, CO

Cost Of Living Quick Facts

  • The cost of living in Lake City is 1% higher than the Colorado average
  • The cost of living in Lake City is 16% higher than the national average
  • Lake City housing is 37% higher 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 Lake City

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Compare Lake City, CO Cost of Living

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      Utilities index
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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$64,548$5,379$1,506$1,937
      Renters$48,896$4,075$1,141$1,467

      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.
      Lake City, CO45111615.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Groton Long Point, CT45118484.2%
      Bonnie, IL4518515.5%
      Plymouth, IL4518119.0%
      Kewanna, IN4517821.8%
      Tolchester, MD45112323.4%
      Lake City, CO45111615.8%
      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.
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