Cost of living in Rifle 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 Rifle 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 Rifle is 107, with 100 being the average.
The cost of living index in Rifle is 1.1x higher than the national average.
Rifle ranks as the #47 cheapest in Colorado out of 111.
Rifle ranks as the #3,867 cheapest out of 6,412 in the US.
The median home value in Rifle is $301,100.
The median income in Rifle is $72,935.
According to the most recent data on the cost of living, Rifle has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Colorado, Rifle has a cost of living index that's 1.0x higher than Colorado's index of 104.
The standard of living in Rifle ranks as #47 most affordable out of the 111 places we measured in Colorado. By definition, that implies Rifle ranks as the #64 most expensive place in the Centennial State.
For more reading on life in Rifle, check out:
Six factors go into calculating the cost of living index in Rifle. Here is how it fairs on each of the criteria:
The Services index in Rifle is 110.
The Groceries index in Rifle is 102.
The Health index in Rifle is 116.
The Housing index in Rifle is 111.
The Transportation index in Rifle is 107.
The Utilities index in Rifle is 85.
Living Expense | Rifle | Colorado | National Average | |
---|---|---|---|---|
Overall | 107 | 104 | 100 | |
Services | 110 | 102 | 100 | |
Groceries | 102 | 99 | 100 | |
Health | 116 | 100 | 100 | |
Housing | 111 | 116 | 100 | |
Transportation | 107 | 104 | 100 | |
Utilities | 85 | 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 Rifle is $301,100.
The Median Rent in Rifle is $1,027.
The Median Income in Rifle is $72,935.
The Home Value To Income in Rifle is 4.1x.
The Rent To Monthly Income in Rifle is 0.17x.
Statistic | Rifle | Colorado | United States |
---|---|---|---|
Median Home Value | $301,100 | $397,500 | $244,900 |
Median Rent | $1,027 | $1,437 | $1,163 |
Median Income | $72,935 | $80,184 | $69,021 |
Home Value To Income | 4.1x | 5.0x | 3.5x |
Rent To Monthly Income | 0.17x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Rifle. Here's a quick look at the cost of living in the most populous nearby places:
Clifton, CO has a cost of living index of 95, 0.9x Rifle.
Glenwood Springs, CO has a cost of living index of 121, 1.1x Rifle.
Gypsum, CO has a cost of living index of 116, 1.1x Rifle.
City | Population | Cost Of Living | Vs. Rifle |
---|---|---|---|
Clifton, CO | 20,122 | 95 | 0.9x |
Glenwood Springs, CO | 10,017 | 121 | 1.1x |
Gypsum, CO | 8,047 | 116 | 1.1x |
Fruitvale, CO | 7,883 | 102 | 1.0x |
Carbondale, CO | 6,464 | 137 | 1.3x |