Cost Of Living in Todd Creek, CO

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F

76%

Overall NAT. AVG.

4%

Goods & Services NAT. AVG.

253%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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	Todd Creek	Colorado	National
Cost of living	176	111	100
Goods & Services	104	104	100
Groceries	96	101	100
Health care	89	100	100
Housing	353	134	100
Transportation	109	105	100
Utilities	88	91	100

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Cost Of Living Quick Facts

The cost of living in Todd Creek is 58% higher than the Colorado average
The cost of living in Todd Creek is 76% higher than the national average
Todd Creek housing is 253% 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

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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	$156,797	$13,066	$3,658	$4,704
Renters	$187,955	$15,663	$4,385	$5,639

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Todd Creek, CO, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Todd Creek homeowners, is $156,797. This would allow for a maximum of $3,658 per month to be spent on housing costs. For renters, the median monthly income is $187,955 which would result in a maximum of $4,385 to be spent on rental costs.

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	Todd Creek	National avg.	Difference
Haircut	$25.33	$24.26	4.4%
Beauty Salon	$45.45	$45.56	0.3%
Toothpaste	$4.12	$3.70	11.4%
Shampoo	$1.19	$1.28	6.8%
Movie	$11.09	$12.13	8.6%
Bowling	$22.22	$18.00	23.5%

Groceries

Item	Todd Creek	National avg.	Difference
Ground Beef	$5.56	$5.84	4.8%
Fried Chicken	$1.43	$1.57	8.9%
Milk	$4.89	$4.67	4.7%
Potatoes	$4.62	$4.93	6.4%
Pizza	$11.06	$12.09	8.5%
Beer	$11.34	$10.41	8.9%

Health Care

Item	Todd Creek	National avg.	Difference
Optometrist	$110.45	$125.68	12.1%
Doctor	$188.89	$135.78	39.1%
Dentist	$107.78	$113.29	4.9%
Ibuprofen	$10.80	$10.65	1.4%
Lipitor	$477.35	$468.60	1.9%

Housing

Item	Todd Creek	National avg.	Difference
Home Price	$640,100.00	$184,700.00	246.6%
Avg. Mortgage Payment	$2,542.08	$2,346.69	8.3%
Apartment Rent	$3,501.00	$949.00	268.9%

Transportation

Item	Todd Creek	National avg.	Difference
Gasoline	$3.58	$3.46	3.4%
Tire Balancing	$73.58	$59.92	22.8%

Utilities

Item	Todd Creek	National avg.	Difference
All Electricity	$161.00	$193.99	17.0%
Phone	$195.56	$192.25	1.7%

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.
Leyner, CO	0	100	0.1%
Lakeside, CO	6	85	14.8%
Federal Heights, CO	13,537	91	9.4%
North Washington, CO	663	95	4.5%
Derby, CO	9,156	106	5.9%
Todd Creek, CO	4,635	176	75.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Lemoyne, PA	4,635	100	0.2%
Rock Hill, MO	4,634	98	1.7%
Farrell, PA	4,634	83	17.1%
West York, PA	4,636	92	7.9%
Smoky Lake County, AB	4,636	n/a
Todd Creek, CO	4,635	176	75.9%