Cost of Living in Elizabeth, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
161.0
100 = national avg
+61.0 vs national average
Living Wage (1 Adult)
$70,855
per year
Living Wage (Family of 4)
$167,475
per year
Cost Index by Category
Housing183.8
Food134.2
Transportation165.5
Healthcare127.4
Utilities137.3
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 Elizabeth is 161.0, which is 61.0% above the national average. Housing costs are above the national average at an index of 183.8. A single adult needs to earn approximately $70,855 per year to cover basic expenses.