Cost of Living in Craig, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
108.0
100 = national avg
+8.0 vs national average
Living Wage (1 Adult)
$47,537
per year
Living Wage (Family of 4)
$112,361
per year
Cost Index by Category
Housing114.7
Food102.9
Transportation105.9
Healthcare102.3
Utilities104.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$887
per month
2 Bedroom
$1,164
per month
The overall cost of living index in Craig is 108.0, which is 8.0% above the national average. Housing costs are above the national average at an index of 114.7. A single adult needs to earn approximately $47,537 per year to cover basic expenses.