Glenwood Springs, CO Cost Of Living
Cost Of Living In Glenwood Springs, CO Summary
Cost of living in Glenwood 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 Glenwood 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 Glenwood Springs is 121, with 100 being the average.
The cost of living index in Glenwood Springs is 1.2x higher than the national average.
Glenwood Springs ranks as the #78 cheapest in Colorado out of 111.
Glenwood Springs ranks as the #4,857 cheapest out of 6,412 in the US.
The median home value in Glenwood Springs is $465,600.
The median income in Glenwood Springs is $69,728.
Table Of Contents
Glenwood Springs's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Glenwood Springs, CO?
According to the most recent data on the cost of living, Glenwood Springs has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to Colorado, Glenwood Springs has a cost of living index that's 1.2x higher than Colorado's index of 104.
The standard of living in Glenwood Springs ranks as #78 most affordable out of the 111 places we measured in Colorado. By definition, that implies Glenwood Springs ranks as the #33 most expensive place in the Centennial State.
For more reading on life in Glenwood Springs, check out:
- Living In Glenwood Springs
- Glenwood Springs Crime Report
- Search Homes For Sale In Glenwood Springs, CO
In Colorado
In America
Glenwood Springs Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Glenwood Springs. Here is how it fairs on each of the criteria:
The Services index in Glenwood Springs is 107.
The Groceries index in Glenwood Springs is 101.
The Health index in Glenwood Springs is 116.
The Housing index in Glenwood Springs is 162.
The Transportation index in Glenwood Springs is 106.
The Utilities index in Glenwood Springs is 85.
| Living Expense | Glenwood Springs | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 121 | 104 | 100 | |
| Services | 107 | 102 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 116 | 100 | 100 | |
| Housing | 162 | 116 | 100 | |
| Transportation | 106 | 104 | 100 | |
| Utilities | 85 | 90 | 100 | |
Glenwood 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 Glenwood Springs is $465,600.
The Median Rent in Glenwood Springs is $1,237.
The Median Income in Glenwood Springs is $69,728.
The Home Value To Income in Glenwood Springs is 6.7x.
The Rent To Monthly Income in Glenwood Springs is 0.21x.
| Statistic | Glenwood Springs | Colorado | United States |
|---|---|---|---|
| Median Home Value | $465,600 | $397,500 | $244,900 |
| Median Rent | $1,237 | $1,437 | $1,163 |
| Median Income | $69,728 | $80,184 | $69,021 |
| Home Value To Income | 6.7x | 5.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Glenwood Springs, CO Costs By Category
Detailed Glenwood Springs Services Costs Vs. Colorado
| Item | Glenwood 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 Glenwood Springs Groceries Costs Vs. Colorado
| Item | Glenwood 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 Glenwood Springs Health Costs Vs. Colorado
| Item | Glenwood Springs | Colorado |
|---|---|---|
| Optometrist | $160.0 | $108.57 |
| Doctor | $120.0 | $116.17 |
| Dentist | $107.5 | $99.13 |
Detailed Glenwood Springs Transportation Costs Vs. Colorado
| Item | Glenwood Springs | Colorado |
|---|---|---|
| Gasoline | $2.38 | $2.22 |
| Tire Balancing | $48.03 | $50.07 |
Detailed Glenwood Springs Utilities Costs Vs. Colorado
| Item | Glenwood Springs | Colorado |
|---|---|---|
| All Electricity | $135.26 | $167.67 |
| Phone | $25.01 | $175.64 |
Glenwood Springs SnackAbility
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Cost Of Living In Cities Around Glenwood Springs
The cost of living varies in the cities and towns around Glenwood Springs. Here's a quick look at the cost of living in the most populous nearby places:
Edwards, CO has a cost of living index of 149, 1.2x Glenwood Springs.
Rifle, CO has a cost of living index of 107, 0.9x Glenwood Springs.
Gypsum, CO has a cost of living index of 116, 1.0x Glenwood Springs.
| City | Population | Cost Of Living | Vs. Glenwood Springs |
|---|---|---|---|
| Edwards, CO | 10,436 | 149 | 1.2x |
| Rifle, CO | 10,325 | 107 | 0.9x |
| Gypsum, CO | 8,047 | 116 | 1.0x |
| Eagle, CO | 7,420 | 134 | 1.1x |
| Aspen, CO | 7,019 | 141 | 1.2x |
| Carbondale, CO | 6,464 | 137 | 1.1x |
| Avon, CO | 6,209 | 128 | 1.1x |
