Cost of Living in Ignacio, CO

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

Cost of Living Overview

Overall Index

106.3

100 = national avg

+6.3 vs national average

Living Wage (1 Adult)

$46,760

per year

Living Wage (Family of 4)

$110,523

per year

Cost Index by Category

Housing
116.3
Food
100.3
Transportation
100.5
Healthcare
100.2
Utilities
103.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,211

per month

2 Bedroom

$1,589

per month

The overall cost of living index in Ignacio is 106.3, which is 6.3% above the national average. Housing costs are above the national average at an index of 116.3. A single adult needs to earn approximately $46,760 per year to cover basic expenses.