Cost of Living in Fairmount, CO

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

Cost of Living Overview

Overall Index

243.4

100 = national avg

+143.4 vs national average

Living Wage (1 Adult)

$107,077

per year

Living Wage (Family of 4)

$253,090

per year

Cost Index by Category

Housing
306.6
Food
175.2
Transportation
250.4
Healthcare
160.1
Utilities
186.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,754

per month

2 Bedroom

$2,089

per month

The overall cost of living index in Fairmount is 243.4, which is 143.4% above the national average. Housing costs are above the national average at an index of 306.6. A single adult needs to earn approximately $107,077 per year to cover basic expenses.