Cost of living in Fountain 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 Fountain 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 Fountain is 105, with 100 being the average.
The cost of living index in Fountain is 1.1x higher than the national average.
Fountain ranks as the #40 cheapest in Colorado out of 111.
Fountain ranks as the #3,676 cheapest out of 6,412 in the US.
The median home value in Fountain is $284,900.
The median income in Fountain is $74,621.
According to the most recent data on the cost of living, Fountain has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Colorado, Fountain has a cost of living index that's 1.0x higher than Colorado's index of 104.
The standard of living in Fountain ranks as #40 most affordable out of the 111 places we measured in Colorado. By definition, that implies Fountain ranks as the #71 most expensive place in the Centennial State.
For more reading on life in Fountain, check out:
Six factors go into calculating the cost of living index in Fountain. Here is how it fairs on each of the criteria:
The Services index in Fountain is 105.
The Groceries index in Fountain is 97.
The Health index in Fountain is 106.
The Housing index in Fountain is 113.
The Transportation index in Fountain is 110.
The Utilities index in Fountain is 97.
Living Expense | Fountain | Colorado | National Average | |
---|---|---|---|---|
Overall | 105 | 104 | 100 | |
Services | 105 | 102 | 100 | |
Groceries | 97 | 99 | 100 | |
Health | 106 | 100 | 100 | |
Housing | 113 | 116 | 100 | |
Transportation | 110 | 104 | 100 | |
Utilities | 97 | 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 Fountain is $284,900.
The Median Rent in Fountain is $1,575.
The Median Income in Fountain is $74,621.
The Home Value To Income in Fountain is 3.8x.
The Rent To Monthly Income in Fountain is 0.25x.
Statistic | Fountain | Colorado | United States |
---|---|---|---|
Median Home Value | $284,900 | $397,500 | $244,900 |
Median Rent | $1,575 | $1,437 | $1,163 |
Median Income | $74,621 | $80,184 | $69,021 |
Home Value To Income | 3.8x | 5.0x | 3.5x |
Rent To Monthly Income | 0.25x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Fountain. 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, 1.0x Fountain.
Security-Widefield, CO has a cost of living index of 104, 1.0x Fountain.
Cimarron Hills, CO has a cost of living index of 99, 0.9x Fountain.
City | Population | Cost Of Living | Vs. Fountain |
---|---|---|---|
Colorado Springs, CO | 475,282 | 107 | 1.0x |
Security-Widefield, CO | 40,158 | 104 | 1.0x |
Cimarron Hills, CO | 18,619 | 99 | 0.9x |
Fort Carson, CO | 16,743 | 117 | 1.1x |
Stratmoor, CO | 6,515 | 97 | 0.9x |
Air Force Academy, CO | 6,170 | 121 | 1.2x |