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) | 29% higher | 55% higher |
| Utilities (Monthly) | 1% higher | 7% lower |
| Food | 0% | 4% higher |
| Healthcare | 11% higher | 13% higher |
| Transportation | 8% lower | 9% lower |
| Goods & Services | 1% lower | 2% higher |
The cost of living in Glenwood Springs, CO is 9% higher than the state average and 16% higher than the national average. Glenwood Springs, CO housing is 55% more expensive than the U.S average, while utilities are about 7% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 4% 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 13% 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 $2,842, while home prices circle around $757,363.
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 $170.96 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 $3.50 in Glenwood Springs, a dozen eggs go for around $8.17 and a pound of potatoes circles around $4.73.
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 $196.85, while a dentist appointment is priced $127.26 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.21 in Glenwood Springs, while getting your tires balanced will run you about $51.20.
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 $36.83 here. Meanwhile, a pair of women's slacks will set you back around $41.24.
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 $11.41 a month. When it comes to personal services, a haircut usually goes for $30.52, while dry cleaning costs about $23.14.
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.