Cost of Living in Basalt, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
223.2
100 = national avg
+123.2 vs national average
Living Wage (1 Adult)
$98,216
per year
Living Wage (Family of 4)
$232,146
per year
Cost Index by Category
Housing358.4
Food131.0
Transportation162.0
Healthcare124.8
Utilities170.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,813
per month
2 Bedroom
$2,379
per month
The overall cost of living index in Basalt is 223.2, which is 123.2% above the national average. Housing costs are above the national average at an index of 358.4. A single adult needs to earn approximately $98,216 per year to cover basic expenses.