Cost of Living in Rico, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
164.7
100 = national avg
+64.7 vs national average
Living Wage (1 Adult)
$72,449
per year
Living Wage (Family of 4)
$171,243
per year
Cost Index by Category
Housing208.9
Food127.4
Transportation154.8
Healthcare121.9
Utilities138.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,017
per month
2 Bedroom
$1,115
per month
The overall cost of living index in Rico is 164.7, which is 64.7% above the national average. Housing costs are above the national average at an index of 208.9. A single adult needs to earn approximately $72,449 per year to cover basic expenses.