Trinidad, CO Cost Of Living

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

Cost Of Living In Trinidad, CO Summary

Cost of living in Trinidad 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 Trinidad 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 Trinidad is 91, with 100 being the average.

  • The cost of living index in Trinidad is 0.9x lower than the national average.

  • Trinidad ranks as the #8 cheapest in Colorado out of 111.

  • Trinidad ranks as the #1,804 cheapest out of 6,412 in the US.

  • The median home value in Trinidad is $158,700.

  • The median income in Trinidad is $40,746.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
91
Trinidad's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Trinidad, CO?

According to the most recent data on the cost of living, Trinidad has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.

Compared to Colorado, Trinidad has a cost of living index that's 0.9x lower than Colorado's index of 104.

The standard of living in Trinidad ranks as #8 most affordable out of the 111 places we measured in Colorado. By definition, that implies Trinidad ranks as the #103 most expensive place in the Centennial State.

For more reading on life in Trinidad, check out:

8 out of 111
In Colorado
1,804 out of 6,412
In America

Trinidad Cost Of Living Vs. Colorado

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

  • The Services index in Trinidad is 97.

  • The Groceries index in Trinidad is 99.

  • The Health index in Trinidad is 91.

  • The Housing index in Trinidad is 71.

  • The Transportation index in Trinidad is 104.

  • The Utilities index in Trinidad is 92.

Living Expense Trinidad Colorado National Average
Overall 91 104 100
Services 97 102 100
Groceries 99 99 100
Health 91 100 100
Housing 71 116 100
Transportation 104 104 100
Utilities 92 90 100
For more reading on cost of living around Colorado, check out:
Trinidad Cost of Living Vs. CO

Trinidad, 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 Trinidad is $158,700.

  • The Median Rent in Trinidad is $781.

  • The Median Income in Trinidad is $40,746.

  • The Home Value To Income in Trinidad is 3.9x.

  • The Rent To Monthly Income in Trinidad is 0.23x.

Statistic Trinidad Colorado United States
Median Home Value $158,700 $397,500 $244,900
Median Rent $781 $1,437 $1,163
Median Income $40,746 $80,184 $69,021
Home Value To Income 3.9x 5.0x 3.5x
Rent To Monthly Income 0.23x 0.22x 0.2x
Search Homes For Sale In Trinidad, CO
$158,700
Median Home Value
$781
Median Rent
$40,746
Median Income

Trinidad, CO Costs By Category

Detailed Trinidad Services Costs Vs. Colorado

Item Trinidad Colorado
Shampoo $1.07 $1.06
Movie $10.75 $10.68
Bowling $12.11 $14.67
Haircut $16.88 $18.62
Beauty Salon $32.52 $39.05

Detailed Trinidad Groceries Costs Vs. Colorado

Item Trinidad Colorado
Ground Beef $4.21 $4.22
Fried Chicken $1.32 $1.39
Milk $1.79 $2.05
Potatoes $2.67 $3.29
Pizza $9.89 $10.62
Beer $9.03 $9.38
Toothpaste $2.38 $2.34

Detailed Trinidad Health Costs Vs. Colorado

Item Trinidad Colorado
Optometrist $90.39 $108.57
Doctor $92.06 $116.17
Dentist $100.0 $99.13

Detailed Trinidad Transportation Costs Vs. Colorado

Item Trinidad Colorado
Gasoline $2.38 $2.22
Tire Balancing $45.7 $50.07

Detailed Trinidad Utilities Costs Vs. Colorado

Item Trinidad Colorado
All Electricity $142.96 $167.67
Phone $183.91 $175.64

Trinidad SnackAbility

4
/10
Overall SnackAbility
Jobs
4/10
Housing
6
Affordability
5
Diversity
9
Safety
4
Amenities
8
Education
6
Commute
9.5

Cost Of Living In Cities Around Trinidad

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

  • Raton, NM has a cost of living index of 82, 0.9x Trinidad.

City Population Cost Of Living Vs. Trinidad
Raton, NM 6,082 82 0.9x

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