Steamboat Springs, CO Cost Of Living
Cost Of Living In Steamboat Springs, CO Summary
Cost of living in Steamboat 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 Steamboat 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 Steamboat Springs is 140, with 100 being the average.
The cost of living index in Steamboat Springs is 1.4x higher than the national average.
Steamboat Springs ranks as the #101 cheapest in Colorado out of 111.
Steamboat Springs ranks as the #5,578 cheapest out of 6,412 in the US.
The median home value in Steamboat Springs is $628,800.
The median income in Steamboat Springs is $80,660.
Table Of Contents
Steamboat Springs's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Steamboat Springs, CO?
According to the most recent data on the cost of living, Steamboat Springs has an overall cost of living index of 140, which is 1.4x higher than the national index of 100.
Compared to Colorado, Steamboat Springs has a cost of living index that's 1.3x higher than Colorado's index of 104.
The standard of living in Steamboat Springs ranks as #101 most affordable out of the 111 places we measured in Colorado. By definition, that implies Steamboat Springs ranks as the #10 most expensive place in the Centennial State.
For more reading on life in Steamboat Springs, check out:
- Living In Steamboat Springs
- Steamboat Springs Crime Report
- Search Homes For Sale In Steamboat Springs, CO
In Colorado
In America
Steamboat Springs Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Steamboat Springs. Here is how it fairs on each of the criteria:
The Services index in Steamboat Springs is 108.
The Groceries index in Steamboat Springs is 101.
The Health index in Steamboat Springs is 116.
The Housing index in Steamboat Springs is 220.
The Transportation index in Steamboat Springs is 103.
The Utilities index in Steamboat Springs is 84.
| Living Expense | Steamboat Springs | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 140 | 104 | 100 | |
| Services | 108 | 102 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 116 | 100 | 100 | |
| Housing | 220 | 116 | 100 | |
| Transportation | 103 | 104 | 100 | |
| Utilities | 84 | 90 | 100 | |
Steamboat 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 Steamboat Springs is $628,800.
The Median Rent in Steamboat Springs is $1,581.
The Median Income in Steamboat Springs is $80,660.
The Home Value To Income in Steamboat Springs is 7.8x.
The Rent To Monthly Income in Steamboat Springs is 0.24x.
| Statistic | Steamboat Springs | Colorado | United States |
|---|---|---|---|
| Median Home Value | $628,800 | $397,500 | $244,900 |
| Median Rent | $1,581 | $1,437 | $1,163 |
| Median Income | $80,660 | $80,184 | $69,021 |
| Home Value To Income | 7.8x | 5.0x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Steamboat Springs, CO Costs By Category
Detailed Steamboat Springs Services Costs Vs. Colorado
| Item | Steamboat 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 Steamboat Springs Groceries Costs Vs. Colorado
| Item | Steamboat 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 Steamboat Springs Health Costs Vs. Colorado
| Item | Steamboat Springs | Colorado |
|---|---|---|
| Optometrist | $160.0 | $108.57 |
| Doctor | $120.0 | $116.17 |
| Dentist | $107.5 | $99.13 |
Detailed Steamboat Springs Transportation Costs Vs. Colorado
| Item | Steamboat Springs | Colorado |
|---|---|---|
| Gasoline | $2.38 | $2.22 |
| Tire Balancing | $48.03 | $50.07 |
Detailed Steamboat Springs Utilities Costs Vs. Colorado
| Item | Steamboat Springs | Colorado |
|---|---|---|
| All Electricity | $135.26 | $167.67 |
| Phone | $25.01 | $175.64 |
Steamboat Springs SnackAbility
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