Cost of Living in Cortez, CO

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

Cost of Living Overview

Overall Index

92.6

100 = national avg

-7.4 vs national average

Living Wage (1 Adult)

$40,737

per year

Living Wage (Family of 4)

$96,288

per year

Cost Index by Category

Housing
105.8
Food
89.3
Transportation
78.5
Healthcare
91.4
Utilities
94.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$906

per month

2 Bedroom

$1,180

per month

The overall cost of living index in Cortez is 92.6, which is 7.4% below the national average. Housing costs are above the national average at an index of 105.8. A single adult needs to earn approximately $40,737 per year to cover basic expenses.