Cost of Living in Howard, CO

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

Cost of Living Overview

Overall Index

95.2

100 = national avg

-4.8 vs national average

Living Wage (1 Adult)

$41,907

per year

Living Wage (Family of 4)

$99,052

per year

Cost Index by Category

Housing
101.4
Food
94.1
Transportation
88.1
Healthcare
95.3
Utilities
96.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$948

per month

2 Bedroom

$1,244

per month

The overall cost of living index in Howard is 95.2, which is 4.8% below the national average. Housing costs are above the national average at an index of 101.4. A single adult needs to earn approximately $41,907 per year to cover basic expenses.