Cost of Living in Phippsburg, CO

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

Cost of Living Overview

Overall Index

145.5

100 = national avg

+45.5 vs national average

Living Wage (1 Adult)

$64,042

per year

Living Wage (Family of 4)

$151,371

per year

Cost Index by Category

Housing
139.5
Food
134.7
Transportation
169.5
Healthcare
127.8
Utilities
128.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,845

per month

2 Bedroom

$2,022

per month

The overall cost of living index in Phippsburg is 145.5, which is 45.5% above the national average. Housing costs are above the national average at an index of 139.5. A single adult needs to earn approximately $64,042 per year to cover basic expenses.