Durango, CO Cost Of Living
Cost Of Living In Durango, CO Summary
Cost of living in Durango 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 Durango 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 Durango is 124, with 100 being the average.
The cost of living index in Durango is 1.2x higher than the national average.
Durango ranks as the #82 cheapest in Colorado out of 111.
Durango ranks as the #4,999 cheapest out of 6,412 in the US.
The median home value in Durango is $497,100.
The median income in Durango is $68,550.
Table Of Contents
Durango's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Durango, CO?
According to the most recent data on the cost of living, Durango has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Colorado, Durango has a cost of living index that's 1.2x higher than Colorado's index of 104.
The standard of living in Durango ranks as #82 most affordable out of the 111 places we measured in Colorado. By definition, that implies Durango ranks as the #29 most expensive place in the Centennial State.
For more reading on life in Durango, check out:
- Living In Durango
- Durango Crime Report
- Search Homes For Sale In Durango, CO
In Colorado
In America
Durango Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Durango. Here is how it fairs on each of the criteria:
The Services index in Durango is 98.
The Groceries index in Durango is 118.
The Health index in Durango is 103.
The Housing index in Durango is 181.
The Transportation index in Durango is 112.
The Utilities index in Durango is 85.
| Living Expense | Durango | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 124 | 104 | 100 | |
| Services | 98 | 102 | 100 | |
| Groceries | 118 | 99 | 100 | |
| Health | 103 | 100 | 100 | |
| Housing | 181 | 116 | 100 | |
| Transportation | 112 | 104 | 100 | |
| Utilities | 85 | 90 | 100 | |
Durango, 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 Durango is $497,100.
The Median Rent in Durango is $1,325.
The Median Income in Durango is $68,550.
The Home Value To Income in Durango is 7.3x.
The Rent To Monthly Income in Durango is 0.23x.
| Statistic | Durango | Colorado | United States |
|---|---|---|---|
| Median Home Value | $497,100 | $397,500 | $244,900 |
| Median Rent | $1,325 | $1,437 | $1,163 |
| Median Income | $68,550 | $80,184 | $69,021 |
| Home Value To Income | 7.3x | 5.0x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Durango, CO Costs By Category
Detailed Durango Services Costs Vs. Colorado
Detailed Durango Groceries Costs Vs. Colorado
Detailed Durango Health Costs Vs. Colorado
Detailed Durango Transportation Costs Vs. Colorado
Detailed Durango Utilities Costs Vs. Colorado
Durango SnackAbility
/10
Cost Of Living In Cities Around Durango
The cost of living varies in the cities and towns around Durango. Here's a quick look at the cost of living in the most populous nearby places:
Farmington, NM has a cost of living index of 92, 0.7x Durango.
Cortez, CO has a cost of living index of 93, 0.8x Durango.
Bloomfield, NM has a cost of living index of 86, 0.7x Durango.
| City | Population | Cost Of Living | Vs. Durango |
|---|---|---|---|
| Farmington, NM | 46,696 | 92 | 0.7x |
| Cortez, CO | 8,742 | 93 | 0.8x |
| Bloomfield, NM | 7,514 | 86 | 0.7x |
| Aztec, NM | 6,283 | 86 | 0.7x |
