Craig, CO Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 99, with 100 being the average.

  • The cost of living index in Craig is 1.0x lower than the national average.

  • Craig ranks as the #23 cheapest in Colorado out of 111.

  • Craig ranks as the #3,027 cheapest out of 6,412 in the US.

  • The median home value in Craig is $182,100.

  • The median income in Craig is $51,618.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
99
Craig's Overall Cost Of Living
1.0x
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 99, which is 1.0x lower than the national index of 100.

Compared to Colorado, Craig has a cost of living index that's 1.0x lower than Colorado's index of 104.

The standard of living in Craig ranks as #23 most affordable out of the 111 places we measured in Colorado. By definition, that implies Craig ranks as the #88 most expensive place in the Centennial State.

For more reading on life in Craig, check out:

23 out of 111
In Colorado
3,027 out of 6,412
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 108.

  • The Groceries index in Craig is 104.

  • The Health index in Craig is 115.

  • The Housing index in Craig is 87.

  • The Transportation index in Craig is 106.

  • The Utilities index in Craig is 85.

Living Expense Craig Colorado National Average
Overall 99 104 100
Services 108 102 100
Groceries 104 99 100
Health 115 100 100
Housing 87 116 100
Transportation 106 104 100
Utilities 85 90 100
For more reading on cost of living around Colorado, check out:
Craig Cost of Living Vs. CO

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 2017-2021. The key points are:

  • The Median Home Value in Craig is $182,100.

  • The Median Rent in Craig is $873.

  • The Median Income in Craig is $51,618.

  • The Home Value To Income in Craig is 3.5x.

  • The Rent To Monthly Income in Craig is 0.2x.

Statistic Craig Colorado United States
Median Home Value $182,100 $397,500 $244,900
Median Rent $873 $1,437 $1,163
Median Income $51,618 $80,184 $69,021
Home Value To Income 3.5x 5.0x 3.5x
Rent To Monthly Income 0.2x 0.22x 0.2x
Search Homes For Sale In Craig, CO
$182,100
Median Home Value
$873
Median Rent
$51,618
Median Income

Craig, CO Costs By Category

Detailed Craig Services Costs Vs. Colorado

Item Craig Colorado
Shampoo $0.99 $1.06
Movie $10.5 $10.68
Bowling $4.5 $14.67
Haircut $21.33 $18.62
Beauty Salon $51.33 $39.05

Detailed Craig Groceries Costs Vs. Colorado

Item Craig Colorado
Ground Beef $3.77 $4.22
Fried Chicken $1.49 $1.39
Milk $1.79 $2.05
Potatoes $2.37 $3.29
Pizza $9.5 $10.62
Beer $8.41 $9.38
Toothpaste $2.94 $2.34

Detailed Craig Health Costs Vs. Colorado

Item Craig Colorado
Optometrist $160.0 $108.57
Doctor $120.0 $116.17
Dentist $107.5 $99.13

Detailed Craig Transportation Costs Vs. Colorado

Item Craig Colorado
Gasoline $2.38 $2.22
Tire Balancing $48.03 $50.07

Detailed Craig Utilities Costs Vs. Colorado

Item Craig Colorado
All Electricity $135.26 $167.67
Phone $25.01 $175.64

Craig SnackAbility

6
/10
Overall SnackAbility
Jobs
7/10
Housing
7
Affordability
6
Diversity
8
Safety
N/A
Amenities
8.5
Education
6
Commute
8

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 140, 1.4x Craig.

City Population Cost Of Living Vs. Craig
Steamboat Springs, CO 13,193 140 1.4x

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