Cost of Living in Red Cliff, CO

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

Cost of Living Overview

Overall Index

149.5

100 = national avg

+49.5 vs national average

Living Wage (1 Adult)

$65,796

per year

Living Wage (Family of 4)

$155,517

per year

Cost Index by Category

Housing
229.0
Food
102.0
Transportation
104.0
Healthcare
101.6
Utilities
127.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,813

per month

2 Bedroom

$2,379

per month

The overall cost of living index in Red Cliff is 149.5, which is 49.5% above the national average. Housing costs are above the national average at an index of 229.0. A single adult needs to earn approximately $65,796 per year to cover basic expenses.