Cost of Living in Hugo, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.5
100 = national avg
-9.5 vs national average
Living Wage (1 Adult)
$39,837
per year
Living Wage (Family of 4)
$94,161
per year
Cost Index by Category
Housing107.9
Food86.1
Transportation72.2
Healthcare88.9
Utilities93.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$774
per month
2 Bedroom
$1,016
per month
The overall cost of living index in Hugo is 90.5, which is 9.5% below the national average. Housing costs are above the national average at an index of 107.9. A single adult needs to earn approximately $39,837 per year to cover basic expenses.