Cost of Living in Alma, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
132.3
100 = national avg
+32.3 vs national average
Living Wage (1 Adult)
$58,194
per year
Living Wage (Family of 4)
$137,549
per year
Cost Index by Category
Housing197.0
Food90.3
Transportation113.9
Healthcare92.2
Utilities113.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,754
per month
2 Bedroom
$2,089
per month
The overall cost of living index in Alma is 132.3, which is 32.3% above the national average. Housing costs are above the national average at an index of 197.0. A single adult needs to earn approximately $58,194 per year to cover basic expenses.