Gypsum, CO Cost Of Living
Cost Of Living In Gypsum, CO Summary
Cost of living in Gypsum 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 Gypsum 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 Gypsum is 116, with 100 being the average.
The cost of living index in Gypsum is 1.2x higher than the national average.
Gypsum ranks as the #67 cheapest in Colorado out of 111.
Gypsum ranks as the #4,558 cheapest out of 6,412 in the US.
The median home value in Gypsum is $383,600.
The median income in Gypsum is $83,324.
Table Of Contents
Gypsum's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Gypsum, CO?
According to the most recent data on the cost of living, Gypsum has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Colorado, Gypsum has a cost of living index that's 1.1x higher than Colorado's index of 104.
The standard of living in Gypsum ranks as #67 most affordable out of the 111 places we measured in Colorado. By definition, that implies Gypsum ranks as the #44 most expensive place in the Centennial State.
For more reading on life in Gypsum, check out:
- Living In Gypsum
- Gypsum Crime Report
- Search Homes For Sale In Gypsum, CO
In Colorado
In America
Gypsum Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Gypsum. Here is how it fairs on each of the criteria:
The Services index in Gypsum is 107.
The Groceries index in Gypsum is 104.
The Health index in Gypsum is 115.
The Housing index in Gypsum is 149.
The Transportation index in Gypsum is 105.
The Utilities index in Gypsum is 86.
| Living Expense | Gypsum | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 116 | 104 | 100 | |
| Services | 107 | 102 | 100 | |
| Groceries | 104 | 99 | 100 | |
| Health | 115 | 100 | 100 | |
| Housing | 149 | 116 | 100 | |
| Transportation | 105 | 104 | 100 | |
| Utilities | 86 | 90 | 100 | |
Gypsum, 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 Gypsum is $383,600.
The Median Rent in Gypsum is $1,780.
The Median Income in Gypsum is $83,324.
The Home Value To Income in Gypsum is 4.6x.
The Rent To Monthly Income in Gypsum is 0.26x.
| Statistic | Gypsum | Colorado | United States |
|---|---|---|---|
| Median Home Value | $383,600 | $397,500 | $244,900 |
| Median Rent | $1,780 | $1,437 | $1,163 |
| Median Income | $83,324 | $80,184 | $69,021 |
| Home Value To Income | 4.6x | 5.0x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Gypsum, CO Costs By Category
Detailed Gypsum Services Costs Vs. Colorado
Detailed Gypsum Groceries Costs Vs. Colorado
Detailed Gypsum Health Costs Vs. Colorado
Detailed Gypsum Transportation Costs Vs. Colorado
Detailed Gypsum Utilities Costs Vs. Colorado
Gypsum SnackAbility
/10
Cost Of Living In Cities Around Gypsum
The cost of living varies in the cities and towns around Gypsum. 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, 1.3x Gypsum.
Rifle, CO has a cost of living index of 107, 0.9x Gypsum.
Glenwood Springs, CO has a cost of living index of 121, 1.0x Gypsum.
| City | Population | Cost Of Living | Vs. Gypsum |
|---|---|---|---|
| Edwards, CO | 10,436 | 149 | 1.3x |
| Rifle, CO | 10,325 | 107 | 0.9x |
| Glenwood Springs, CO | 10,017 | 121 | 1.0x |
| Eagle, CO | 7,420 | 134 | 1.2x |
| Aspen, CO | 7,019 | 141 | 1.2x |
| Carbondale, CO | 6,464 | 137 | 1.2x |
| Avon, CO | 6,209 | 128 | 1.1x |
