Cost of Living in Gerrard, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
137.3
100 = national avg
+37.3 vs national average
Living Wage (1 Adult)
$60,403
per year
Living Wage (Family of 4)
$142,770
per year
Cost Index by Category
Housing155.0
Food119.0
Transportation138.0
Healthcare115.2
Utilities122.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$976
per month
2 Bedroom
$1,094
per month
The overall cost of living index in Gerrard is 137.3, which is 37.3% above the national average. Housing costs are above the national average at an index of 155.0. A single adult needs to earn approximately $60,403 per year to cover basic expenses.