Cost of Living in Rico, CO

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D-
22%
Overall NAT. AVG.
2%
Goods & Services NAT. AVG.
74%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; 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 Rico Colorado National
Cost of living122111100
Goods & Services102104100
Groceries101101100
Health care105106100
Housing174136100
Transportation9997100
Utilities9188100
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Homes For Sale In Rico, CO

property for sale

TBD Lot 1 N Delores River Trl

Rico, CO
property for sale

15 S Garfield St

Rico, CO
property for sale

5 S Glasgow Ave

Rico, CO
property for sale

Lot 7A Silverglance Way

Rico, CO

Cost Of Living Quick Facts

  • The cost of living in Rico is 10% higher than the Colorado average
  • The cost of living in Rico is 22% higher than the national average
  • Rico housing is 74% 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 Rico

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Compare Rico, CO Cost of Living

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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$90,282$7,524$2,106$2,709
      Renters$78,192$6,516$1,824$2,346

      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%

      Goods & Services

      Item Rico National avg. Difference
      Haircut $28.11$27.621.8%
      Beauty Salon $47.78$51.116.5%
      Toothpaste $4.25$4.093.8%
      Shampoo $1.26$1.5418.3%
      Movie $12.39$12.883.8%
      Yoga $22.22$19.6613.0%

      Groceries

      Item Rico National avg. Difference
      Ground Beef $8.04$7.704.4%
      Fried Chicken $1.44$1.6613.4%
      Milk $4.61$4.732.6%
      Potatoes $4.75$5.269.6%
      Pizza $13.91$12.769.0%
      Beer $10.89$10.553.2%

      Health Care

      Item Rico National avg. Difference
      Optometrist $125.51$140.0610.4%
      Doctor $197.76$153.8228.6%
      Dentist $126.65$123.152.8%
      Ibuprofen $11.79$11.730.5%
      Lipitor $19.56$23.6117.2%

      Housing

      Item Rico National avg. Difference
      Home Price $645,442.00$326,622.0097.6%
      Avg. Mortgage Payment $3,438.24$2,480.2538.6%
      Apartment Rent $1,724.00$1,444.0019.4%

      Transportation

      Item Rico National avg. Difference
      Gasoline $2.98$3.062.4%
      Tire Balancing $66.72$65.212.3%

      Utilities

      Item Rico National avg. Difference
      All Electricity $184.42$220.1216.2%
      Phone $200.26$195.712.3%
      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 Population Cost of Living Index National Avg.
      Ophir, CO22415050.2%
      Rico, CO17512222.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Spring Garden, AL175936.7%
      Greenway, AR1757327.3%
      Farmington, CA17512221.8%
      Haverhill, IA1758613.7%
      Emmett, KS175982.3%
      Rico, CO17512222.1%
      Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
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