Cost of Living in Erie, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
231.6
100 = national avg
+131.6 vs national average
Living Wage (1 Adult)
$101,894
per year
Living Wage (Family of 4)
$240,841
per year
Cost Index by Category
Housing315.3
Food175.1
Transportation150.9
Healthcare160.1
Utilities188.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,238
per month
2 Bedroom
$1,563
per month
The overall cost of living index in Erie is 231.6, which is 131.6% above the national average. Housing costs are above the national average at an index of 315.3. A single adult needs to earn approximately $101,894 per year to cover basic expenses.