Cost of Living in Glenwood Springs, CO
| Cost of Living in Glenwood Springs, CO | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 31% higher | 50% higher |
| Utilities (Monthly) | 3% higher | 8% lower |
| Food | 1% higher | 5% higher |
| Healthcare | 9% higher | 14% higher |
| Transportation | 5% lower | 10% lower |
| Goods & Services | - | 2% higher |
The cost of living in Glenwood Springs, CO is 10% higher than the state average and 15% higher than the national average. Glenwood Springs, CO housing is 50% more expensive than the U.S average, while utilities are about 8% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 5% pricier in Glenwood Springs, CO than in the rest of the country, while clothing costs around 2% more .
Healthcare services such as doctor check-ups and dentistry cost 14% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 2% pricier in Glenwood Springs, CO.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Glenwood Springs is $2,233, while home prices circle around $845,906.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Glenwood Springs, energy bills cost around $192.75 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $3.62 in Glenwood Springs, a dozen eggs go for around $10.10 and a pound of potatoes circles around $4.70.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Glenwood Springs, an optometry check-up costs around $219.75, while a dentist appointment is priced $139.46 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.76 in Glenwood Springs, while getting your tires balanced will run you about $56.19.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $39.03 here. Meanwhile, a pair of women's slacks will set you back around $44.49.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Glenwood Springs, you should budget around $12.13 a month. When it comes to personal services, a haircut usually goes for $35.89, while dry cleaning costs about $25.80.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Glenwood Springs, the median household income is $87,000.