Trinidad, CO Cost Of Living
Cost Of Living In Trinidad, CO Summary
Cost of living in Trinidad 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 Trinidad 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 Trinidad is 91, with 100 being the average.
The cost of living index in Trinidad is 0.9x lower than the national average.
Trinidad ranks as the #8 cheapest in Colorado out of 111.
Trinidad ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Trinidad is $158,700.
The median income in Trinidad is $40,746.
Table Of Contents
Trinidad's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Trinidad, CO?
According to the most recent data on the cost of living, Trinidad has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Colorado, Trinidad has a cost of living index that's 0.9x lower than Colorado's index of 104.
The standard of living in Trinidad ranks as #8 most affordable out of the 111 places we measured in Colorado. By definition, that implies Trinidad ranks as the #103 most expensive place in the Centennial State.
For more reading on life in Trinidad, check out:
- Living In Trinidad
- Trinidad Crime Report
- Search Homes For Sale In Trinidad, CO
In Colorado
In America
Trinidad Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Trinidad. Here is how it fairs on each of the criteria:
The Services index in Trinidad is 97.
The Groceries index in Trinidad is 99.
The Health index in Trinidad is 91.
The Housing index in Trinidad is 71.
The Transportation index in Trinidad is 104.
The Utilities index in Trinidad is 92.
| Living Expense | Trinidad | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 91 | 104 | 100 | |
| Services | 97 | 102 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 91 | 100 | 100 | |
| Housing | 71 | 116 | 100 | |
| Transportation | 104 | 104 | 100 | |
| Utilities | 92 | 90 | 100 | |
Trinidad, 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 Trinidad is $158,700.
The Median Rent in Trinidad is $781.
The Median Income in Trinidad is $40,746.
The Home Value To Income in Trinidad is 3.9x.
The Rent To Monthly Income in Trinidad is 0.23x.
| Statistic | Trinidad | Colorado | United States |
|---|---|---|---|
| Median Home Value | $158,700 | $397,500 | $244,900 |
| Median Rent | $781 | $1,437 | $1,163 |
| Median Income | $40,746 | $80,184 | $69,021 |
| Home Value To Income | 3.9x | 5.0x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Trinidad, CO Costs By Category
Detailed Trinidad Services Costs Vs. Colorado
Detailed Trinidad Groceries Costs Vs. Colorado
Detailed Trinidad Health Costs Vs. Colorado
Detailed Trinidad Transportation Costs Vs. Colorado
Detailed Trinidad Utilities Costs Vs. Colorado
Trinidad SnackAbility
/10
