Cost of Living in Cheraw, CO

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

75.1

100 = national avg

-24.9 vs national average

Living Wage (1 Adult)

$33,050

per year

Living Wage (Family of 4)

$78,119

per year

Cost Index by Category

Housing
82.2
Food
79.5
Transportation
58.9
Healthcare
83.6
Utilities
84.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Cheraw is 75.1, which is 24.9% below the national average. Housing costs are below the national average at an index of 82.2. A single adult needs to earn approximately $33,050 per year to cover basic expenses.