Lake City 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.
IndexLake CityColoradoNational
Cost of living index101108100
IndexLake CityColoradoNational
Goods & Services index9099100
Groceries index9799100
Health care index101103100
Housing index122134100
Transportation index100104100
Utilities index8778100

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Did you know?

  • The cost of living in Lake City is 6% lower than the Colorado average.
  • The cost of living in Lake City is 1% higher than the national average.
  • The cost of housing in Lake City is 22% 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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Compare Lake City, CO Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$53,750$4,479$1,254$1,613
Renters$29,722$2,477$693$892

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

ItemLake CityNational avg.Difference
Haircut $13.20$16.0917.9%
Beauty Salon $30.67$37.3317.9%
Toothpaste $1.82$2.4525.7%
Shampoo $0.87$1.0012.7%
Movie $12.01$10.2816.8%
Bowling $4.91$4.930.5%

Groceries

ItemLake CityNational avg.Difference
Ground Beef $4.40$3.8015.7%
Fried Chicken $1.33$1.404.6%
Milk $1.85$2.017.6%
Potatoes $1.80$3.0140.2%
Pizza $10.81$9.899.3%
Beer $8.04$8.909.6%

Health Care

ItemLake CityNational avg.Difference
Optometrist $85.04$102.1616.8%
Doctor $122.21$108.3612.8%
Dentist $95.10$92.532.8%
Ibuprofen $9.33$9.280.6%
Lipitor $356.69$425.8216.2%

Housing

ItemLake CityNational avg.Difference
Home Price $261,600.00$184,700.0041.6%
Avg. Mortgage Payment $1,278.85$1,202.446.4%
Apartment Rent $714.00$949.0024.8%

Transportation

ItemLake CityNational avg.Difference
Gasoline $2.20$2.241.8%
Tire Balancing $47.85$46.293.4%

Utilities

ItemLake CityNational avg.Difference
All Electricity$136.23$165.9617.9%
Phone $26.79$28.686.6%
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, StatePopulationCost of Living IndexNational Avg.
Lake City, CO4121011%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
McEwensville, PA41290-10%
Rayland, OH41286-14%
Poplar Hills, KY41288-12%
Milton, IN41273-27%
Holmesville, OH41282-18%
Lake City, CO4121011%
Source: The Lake City, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.