Redlands, Colorado Cost Of Living

Buy Rent

F

Overall 13%

Goods & Services 3%

Housing 45%

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Redlands	Colorado	National
Cost of living	113	110	100
Goods & Services	97	103	100
Groceries	108	97	100
Health care	106	104	100
Housing	145	134	100
Transportation	108	102	100
Utilities	84	86	100

Key findings

The cost of living in Redlands is 3% higher than the Colorado average
The cost of living in Redlands is 13% higher than the national average
Redlands housing is 45% higher than the national average
Colorado general sales tax is 43% lower than the national average
Colorado state income tax is 88% higher than the national average

For Sale For Rent

Find real estate listings

Find rental listings

Most Affordable Places to Live in and Around Redlands

See all the best places to live around Redlands

Compare Redlands, CO Cost of Living

See all Redlands poll results

The best places in Colorado

Here are the best places to live in Colorado

10 best cities to buy a new house in Colorado

Top 10 best public schools in Redlands

These are the 10 most affordable cities in Colorado

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	$65,049	$5,421	$1,518	$1,952
Renters	$72,639	$6,053	$1,695	$2,179

A good indicator of the general affordability of housing in Redlands, CO, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Redlands, the median monthly income is $65,049 for those who own their own homes. Under the standard rule, that income level would allow for $1,518 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $72,639, per the median income in the area. That would allow for renters to spend up to $1,695 on monthly rental expenses.

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	Redlands	National avg.	Difference
Haircut	$22.50	$17.49	28.6%
Beauty Salon	$35.00	$38.17	8.3%
Toothpaste	$1.96	$2.32	15.6%
Shampoo	$0.88	$1.01	13.0%
Movie	$12.15	$10.72	13.3%
Bowling	$13.75	$13.86	0.8%

Groceries

Item	Redlands	National avg.	Difference
Ground Beef	$3.29	$3.90	15.6%
Fried Chicken	$1.36	$1.40	2.6%
Milk	$2.18	$1.96	11.1%
Potatoes	$2.16	$3.18	32.1%
Pizza	$12.40	$10.39	19.3%
Beer	$9.32	$9.23	1.0%

Health Care

Item	Redlands	National avg.	Difference
Optometrist	$72.50	$106.34	31.8%
Doctor	$148.00	$115.25	28.4%
Dentist	$97.50	$98.38	0.9%
Ibuprofen	$9.98	$9.26	7.8%
Lipitor	$497.16	$466.47	6.6%

Housing

Item	Redlands	National avg.	Difference
Home Price	$279,100.00	$184,700.00	51.1%
Avg. Mortgage Payment	$1,407.25	$1,273.32	10.5%
Apartment Rent	$1,246.00	$949.00	31.3%

Transportation

Item	Redlands	National avg.	Difference
Gasoline	$2.69	$2.59	3.9%
Tire Balancing	$57.33	$48.90	17.3%

Utilities

Item	Redlands	National avg.	Difference
All Electricity	$117.83	$167.60	29.7%
Phone	$183.45	$163.42	12.3%

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.
Clifton, CO	20,021	91	-9%
Orchard Mesa, CO	6,497	99	-1%
Grand Junction, CO	60,630	101	1%
Fruitvale, CO	7,854	101	1%
Fruita, CO	12,790	103	3%
Redlands, CO	9,187	113	13%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Ellisville, MO	9,188	105	5%
Harleysville, PA	9,191	117	17%
Montecito, CA	9,193	334	234%
Andover, MA	9,194	151	51%
Hartland, WI	9,195	106	6%
Redlands, CO	9,187	113	13%

Source: The Redlands, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.