Cost of Living in Lake City, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
111.1
100 = national avg
+11.1 vs national average
Living Wage (1 Adult)
$48,892
per year
Living Wage (Family of 4)
$115,562
per year
Cost Index by Category
Housing135.6
Food97.7
Transportation95.4
Healthcare98.2
Utilities105.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$873
per month
2 Bedroom
$1,145
per month
The overall cost of living index in Lake City is 111.1, which is 11.1% above the national average. Housing costs are above the national average at an index of 135.6. A single adult needs to earn approximately $48,892 per year to cover basic expenses.