Cost of living in Black Forest 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 Black Forest 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 Black Forest is 142, with 100 being the average.
The cost of living index in Black Forest is 1.4x higher than the national average.
Black Forest ranks as the #103 cheapest in Colorado out of 111.
Black Forest ranks as the #5,646 cheapest out of 6,412 in the US.
The median home value in Black Forest is $610,900.
The median income in Black Forest is $125,240.
According to the most recent data on the cost of living, Black Forest has an overall cost of living index of 142, which is 1.4x higher than the national index of 100.
Compared to Colorado, Black Forest has a cost of living index that's 1.4x higher than Colorado's index of 104.
The standard of living in Black Forest ranks as #103 most affordable out of the 111 places we measured in Colorado. By definition, that implies Black Forest ranks as the #8 most expensive place in the Centennial State.
For more reading on life in Black Forest, check out:
Six factors go into calculating the cost of living index in Black Forest. Here is how it fairs on each of the criteria:
The Services index in Black Forest is 104.
The Groceries index in Black Forest is 98.
The Health index in Black Forest is 105.
The Housing index in Black Forest is 238.
The Transportation index in Black Forest is 110.
The Utilities index in Black Forest is 100.
Living Expense | Black Forest | Colorado | National Average | |
---|---|---|---|---|
Overall | 142 | 104 | 100 | |
Services | 104 | 102 | 100 | |
Groceries | 98 | 99 | 100 | |
Health | 105 | 100 | 100 | |
Housing | 238 | 116 | 100 | |
Transportation | 110 | 104 | 100 | |
Utilities | 100 | 90 | 100 |
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 Black Forest is $610,900.
The Median Rent in Black Forest is -.
The Median Income in Black Forest is $125,240.
The Home Value To Income in Black Forest is 4.9x.
The Rent To Monthly Income in Black Forest is nanx.
Statistic | Black Forest | Colorado | United States |
---|---|---|---|
Median Home Value | $610,900 | $397,500 | $244,900 |
Median Rent | - | $1,437 | $1,163 |
Median Income | $125,240 | $80,184 | $69,021 |
Home Value To Income | 4.9x | 5.0x | 3.5x |
Rent To Monthly Income | nanx | 0.22x | 0.2x |
Item | Black Forest | Colorado |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $9.91 | $10.68 |
Bowling | $15.48 | $14.67 |
Haircut | $19.51 | $18.62 |
Beauty Salon | $42.9 | $39.05 |
Item | Black Forest | Colorado |
---|---|---|
Ground Beef | $4.33 | $4.22 |
Fried Chicken | $1.39 | $1.39 |
Milk | $1.76 | $2.05 |
Potatoes | $2.64 | $3.29 |
Pizza | $11.51 | $10.62 |
Beer | $8.8 | $9.38 |
Toothpaste | $2.22 | $2.34 |
Item | Black Forest | Colorado |
---|---|---|
Optometrist | $114.08 | $108.57 |
Doctor | $126.71 | $116.17 |
Dentist | $105.77 | $99.13 |
Item | Black Forest | Colorado |
---|---|---|
Gasoline | $2.41 | $2.22 |
Tire Balancing | $54.19 | $50.07 |
Item | Black Forest | Colorado |
---|---|---|
All Electricity | $165.12 | $167.67 |
Phone | $182.16 | $175.64 |
The cost of living varies in the cities and towns around Black Forest. 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 107, 0.8x Black Forest.
Cimarron Hills, CO has a cost of living index of 99, 0.7x Black Forest.
Monument, CO has a cost of living index of 125, 0.9x Black Forest.
City | Population | Cost Of Living | Vs. Black Forest |
---|---|---|---|
Colorado Springs, CO | 475,282 | 107 | 0.8x |
Cimarron Hills, CO | 18,619 | 99 | 0.7x |
Monument, CO | 10,026 | 125 | 0.9x |
Woodmoor, CO | 8,840 | 130 | 0.9x |
Gleneagle, CO | 6,259 | 120 | 0.8x |
Air Force Academy, CO | 6,170 | 121 | 0.9x |