Steamboat Springs, CO Cost Of Living

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

Cost Of Living In Steamboat Springs, CO Summary

Cost of living in Steamboat Springs 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 Steamboat Springs 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 Steamboat Springs is 140, with 100 being the average.

  • The cost of living index in Steamboat Springs is 1.4x higher than the national average.

  • Steamboat Springs ranks as the #101 cheapest in Colorado out of 111.

  • Steamboat Springs ranks as the #5,578 cheapest out of 6,412 in the US.

  • The median home value in Steamboat Springs is $628,800.

  • The median income in Steamboat Springs is $80,660.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
140
Steamboat Springs's Overall Cost Of Living
1.4x
Higher Than The National Average

What is the cost of living in Steamboat Springs, CO?

According to the most recent data on the cost of living, Steamboat Springs has an overall cost of living index of 140, which is 1.4x higher than the national index of 100.

Compared to Colorado, Steamboat Springs has a cost of living index that's 1.3x higher than Colorado's index of 104.

The standard of living in Steamboat Springs ranks as #101 most affordable out of the 111 places we measured in Colorado. By definition, that implies Steamboat Springs ranks as the #10 most expensive place in the Centennial State.

For more reading on life in Steamboat Springs, check out:

101 out of 111
In Colorado
5,578 out of 6,412
In America

Steamboat Springs Cost Of Living Vs. Colorado

Six factors go into calculating the cost of living index in Steamboat Springs. Here is how it fairs on each of the criteria:

  • The Services index in Steamboat Springs is 108.

  • The Groceries index in Steamboat Springs is 101.

  • The Health index in Steamboat Springs is 116.

  • The Housing index in Steamboat Springs is 220.

  • The Transportation index in Steamboat Springs is 103.

  • The Utilities index in Steamboat Springs is 84.

Living Expense Steamboat Springs Colorado National Average
Overall 140 104 100
Services 108 102 100
Groceries 101 99 100
Health 116 100 100
Housing 220 116 100
Transportation 103 104 100
Utilities 84 90 100
For more reading on cost of living around Colorado, check out:
Steamboat Springs Cost of Living Vs. CO

Steamboat Springs, 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 Steamboat Springs is $628,800.

  • The Median Rent in Steamboat Springs is $1,581.

  • The Median Income in Steamboat Springs is $80,660.

  • The Home Value To Income in Steamboat Springs is 7.8x.

  • The Rent To Monthly Income in Steamboat Springs is 0.24x.

Statistic Steamboat Springs Colorado United States
Median Home Value $628,800 $397,500 $244,900
Median Rent $1,581 $1,437 $1,163
Median Income $80,660 $80,184 $69,021
Home Value To Income 7.8x 5.0x 3.5x
Rent To Monthly Income 0.24x 0.22x 0.2x
Search Homes For Sale In Steamboat Springs, CO
$628,800
Median Home Value
$1,581
Median Rent
$80,660
Median Income

Steamboat Springs, CO Costs By Category

Detailed Steamboat Springs Services Costs Vs. Colorado

Item Steamboat Springs 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 Steamboat Springs Groceries Costs Vs. Colorado

Item Steamboat Springs 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 Steamboat Springs Health Costs Vs. Colorado

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

Detailed Steamboat Springs Transportation Costs Vs. Colorado

Item Steamboat Springs Colorado
Gasoline $2.38 $2.22
Tire Balancing $48.03 $50.07

Detailed Steamboat Springs Utilities Costs Vs. Colorado

Item Steamboat Springs Colorado
All Electricity $135.26 $167.67
Phone $25.01 $175.64

Steamboat Springs SnackAbility

8.5
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
4
Diversity
7
Safety
8
Amenities
8
Education
9
Commute
9.5

Cost Of Living In Cities Around Steamboat Springs

The cost of living varies in the cities and towns around Steamboat Springs. Here's a quick look at the cost of living in the most populous nearby places:

  • Craig, CO has a cost of living index of 99, 0.7x Steamboat Springs.

City Population Cost Of Living Vs. Steamboat Springs
Craig, CO 9,026 99 0.7x

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