Cost of Living in Idaho Springs, CO

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

Cost of Living Overview

Overall Index

129.2

100 = national avg

+29.2 vs national average

Living Wage (1 Adult)

$56,859

per year

Living Wage (Family of 4)

$134,393

per year

Cost Index by Category

Housing
154.4
Food
115.3
Transportation
100.4
Healthcare
112.2
Utilities
120.1

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 Idaho Springs is 129.2, which is 29.2% above the national average. Housing costs are above the national average at an index of 154.4. A single adult needs to earn approximately $56,859 per year to cover basic expenses.