Craig, CO Cost Of Living
Cost Of Living In Craig, CO Summary
Cost of living in Craig research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Craig is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Colorado, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Craig is 98, with 100 being the average.
The cost of living index in Craig is 1.0x lower than the national average.
Craig ranks as the #10 cheapest in Colorado out of 113.
Craig ranks as the #2,372 cheapest out of 6,489 in the US.
The median home value in Craig is $308,132.
The median income in Craig is $69,256.
Table Of Contents
Craig's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Craig, CO?
According to the most recent data on the cost of living, Craig has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Colorado, Craig has a cost of living index that's 0.9x lower than Colorado's index of 111.
The standard of living in Craig ranks as #10 most affordable out of the 113 places we measured in Colorado. By definition, that implies Craig ranks as the #103 most expensive place in the Centennial State.
For more reading on life in Craig, check out:
In Colorado
In America
Craig Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Craig. Here is how it fairs on each of the criteria:
The Services index in Craig is 101.
The Groceries index in Craig is 104.
The Health index in Craig is 109.
The Housing index in Craig is 91.
The Transportation index in Craig is 110.
The Utilities index in Craig is 89.
| Living Expense | Craig | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 98 | 111 | 100 | |
| Services | 101 | 102 | 100 | |
| Groceries | 104 | 103 | 100 | |
| Health | 109 | 101 | 100 | |
| Housing | 91 | 134 | 100 | |
| Transportation | 110 | 107 | 100 | |
| Utilities | 89 | 89 | 100 | |
Craig, CO Housing Cost Breakdown
Housing swings affordability the most between places in Colorado, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Craig is $308,132.
The Median Rent in Craig is $1,060.
The Median Income in Craig is $69,256.
The Home Value To Income in Craig is 4.4x.
The Rent To Monthly Income in Craig is 0.18x.
Median Home Value
Median Rent
Median Income
Craig, CO Costs By Category
Detailed Craig Services Costs Vs. Colorado
Detailed Craig Groceries Costs Vs. Colorado
Detailed Craig Health Costs Vs. Colorado
Detailed Craig Transportation Costs Vs. Colorado
Detailed Craig Utilities Costs Vs. Colorado
Craig SnackAbility
/10
Cost Of Living In Cities Around Craig
The cost of living varies in the cities and towns around Craig. Here's a quick look at the cost of living in the most populous nearby places:
Steamboat Springs, CO has a cost of living index of 146, 1.5x Craig.
| City | Population | Cost Of Living | Vs. Craig |
|---|---|---|---|
| Steamboat Springs, CO | 13,341 | 146 | 1.5x |
