Woodland Park, CO Cost Of Living
Cost Of Living In Woodland Park, CO Summary
Cost of living in Woodland Park 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 Woodland Park 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 Woodland Park is 126, with 100 being the average.
The cost of living index in Woodland Park is 1.3x higher than the national average.
Woodland Park ranks as the #54 cheapest in Colorado out of 113.
Woodland Park ranks as the #4,776 cheapest out of 6,489 in the US.
The median home value in Woodland Park is $541,167.
The median income in Woodland Park is $96,896.
Table Of Contents
Woodland Park's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Woodland Park, CO?
According to the most recent data on the cost of living, Woodland Park has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to Colorado, Woodland Park has a cost of living index that's 1.1x higher than Colorado's index of 111.
The standard of living in Woodland Park ranks as #54 most affordable out of the 113 places we measured in Colorado. By definition, that implies Woodland Park ranks as the #59 most expensive place in the Centennial State.
For more reading on life in Woodland Park, check out:
In Colorado
In America
Woodland Park Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Woodland Park. Here is how it fairs on each of the criteria:
The Services index in Woodland Park is 112.
The Groceries index in Woodland Park is 102.
The Health index in Woodland Park is 106.
The Housing index in Woodland Park is 171.
The Transportation index in Woodland Park is 105.
The Utilities index in Woodland Park is 101.
| Living Expense | Woodland Park | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 126 | 111 | 100 | |
| Services | 112 | 102 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 106 | 101 | 100 | |
| Housing | 171 | 134 | 100 | |
| Transportation | 105 | 107 | 100 | |
| Utilities | 101 | 89 | 100 | |
Woodland Park, 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 Woodland Park is $541,167.
The Median Rent in Woodland Park is $1,971.
The Median Income in Woodland Park is $96,896.
The Home Value To Income in Woodland Park is 5.6x.
The Rent To Monthly Income in Woodland Park is 0.24x.
| Statistic | Woodland Park | Colorado | United States |
|---|---|---|---|
| Median Home Value | $541,167 | $540,183 | $303,400 |
| Median Rent | $1,971 | $1,693 | $1,348 |
| Median Income | $96,896 | $92,470 | $78,538 |
| Home Value To Income | 5.6x | 5.8x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
Woodland Park, CO Costs By Category
Detailed Woodland Park Services Costs Vs. Colorado
| Item | Woodland Park | Colorado |
|---|---|---|
| Shampoo | $1.29 | $1.28 |
| Movie | $11.74 | $12.13 |
| Bowling | $18.6 | $18 |
| Haircut | $33.33 | $24.26 |
| Beauty Salon | $47.14 | $45.56 |
Detailed Woodland Park Groceries Costs Vs. Colorado
| Item | Woodland Park | Colorado |
|---|---|---|
| Ground Beef | $5.52 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.69 | $4.67 |
| Potatoes | $4.14 | $4.93 |
| Pizza | $12.36 | $12.09 |
| Beer | $10.75 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
Detailed Woodland Park Health Costs Vs. Colorado
| Item | Woodland Park | Colorado |
|---|---|---|
| Optometrist | $115.89 | $125.68 |
| Doctor | $148.28 | $135.78 |
| Dentist | $118.46 | $113.29 |
Detailed Woodland Park Transportation Costs Vs. Colorado
| Item | Woodland Park | Colorado |
|---|---|---|
| Gasoline | $3.64 | $3.46 |
| Tire Balancing | $60.47 | $59.92 |
Detailed Woodland Park Utilities Costs Vs. Colorado
| Item | Woodland Park | Colorado |
|---|---|---|
| All Electricity | $191.51 | $193.99 |
| Phone | $189.92 | $192.25 |
Woodland Park SnackAbility
/10
Cost Of Living In Cities Around Woodland Park
The cost of living varies in the cities and towns around Woodland Park. Here's a quick look at the cost of living in the most populous nearby places:
Colorado Springs, CO has a cost of living index of 118, 0.9x Woodland Park.
Monument, CO has a cost of living index of 136, 1.1x Woodland Park.
Woodmoor, CO has a cost of living index of 151, 1.2x Woodland Park.
| City | Population | Cost Of Living | Vs. Woodland Park |
|---|---|---|---|
| Colorado Springs, CO | 483,099 | 118 | 0.9x |
| Monument, CO | 11,035 | 136 | 1.1x |
| Woodmoor, CO | 8,819 | 151 | 1.2x |
| Air Force Academy, CO | 6,701 | 130 | 1.0x |
| Gleneagle, CO | 6,207 | 135 | 1.1x |
