Gypsum, CO Cost Of Living
Cost Of Living In Gypsum, CO Summary
Cost of living in Gypsum 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 Gypsum 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 Gypsum is 133, with 100 being the average.
The cost of living index in Gypsum is 1.3x higher than the national average.
Gypsum ranks as the #70 cheapest in Colorado out of 113.
Gypsum ranks as the #5,125 cheapest out of 6,489 in the US.
The median home value in Gypsum is $707,835.
The median income in Gypsum is $124,534.
Table Of Contents
Gypsum's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Gypsum, CO?
According to the most recent data on the cost of living, Gypsum has an overall cost of living index of 133, which is 1.3x higher than the national index of 100.
Compared to Colorado, Gypsum has a cost of living index that's 1.2x higher than Colorado's index of 111.
The standard of living in Gypsum ranks as #70 most affordable out of the 113 places we measured in Colorado. By definition, that implies Gypsum ranks as the #43 most expensive place in the Centennial State.
For more reading on life in Gypsum, check out:
In Colorado
In America
Gypsum Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Gypsum. Here is how it fairs on each of the criteria:
The Services index in Gypsum is 98.
The Groceries index in Gypsum is 105.
The Health index in Gypsum is 110.
The Housing index in Gypsum is 203.
The Transportation index in Gypsum is 107.
The Utilities index in Gypsum is 90.
| Living Expense | Gypsum | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 133 | 111 | 100 | |
| Services | 98 | 102 | 100 | |
| Groceries | 105 | 103 | 100 | |
| Health | 110 | 101 | 100 | |
| Housing | 203 | 134 | 100 | |
| Transportation | 107 | 107 | 100 | |
| Utilities | 90 | 89 | 100 | |
Gypsum, 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 Gypsum is $707,835.
The Median Rent in Gypsum is $2,198.
The Median Income in Gypsum is $124,534.
The Home Value To Income in Gypsum is 5.7x.
The Rent To Monthly Income in Gypsum is 0.21x.
Median Home Value
Median Rent
Median Income
Gypsum, CO Costs By Category
Detailed Gypsum Services Costs Vs. Colorado
Detailed Gypsum Groceries Costs Vs. Colorado
Detailed Gypsum Health Costs Vs. Colorado
Detailed Gypsum Transportation Costs Vs. Colorado
Detailed Gypsum Utilities Costs Vs. Colorado
Gypsum SnackAbility
/10
Cost Of Living In Cities Around Gypsum
The cost of living varies in the cities and towns around Gypsum. Here's a quick look at the cost of living in the most populous nearby places:
Rifle, CO has a cost of living index of 111, 0.8x Gypsum.
Edwards, CO has a cost of living index of 167, 1.3x Gypsum.
Glenwood Springs, CO has a cost of living index of 131, 1.0x Gypsum.
| City | Population | Cost Of Living | Vs. Gypsum |
|---|---|---|---|
| Rifle, CO | 10,466 | 111 | 0.8x |
| Edwards, CO | 10,415 | 167 | 1.3x |
| Glenwood Springs, CO | 10,171 | 131 | 1.0x |
| Eagle, CO | 7,479 | 151 | 1.1x |
| Aspen, CO | 6,862 | 149 | 1.1x |
| Carbondale, CO | 6,553 | 160 | 1.2x |
| Avon, CO | 6,057 | 144 | 1.1x |
