Cost of Living in Ridgway, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
152.7
100 = national avg
+52.7 vs national average
Living Wage (1 Adult)
$67,188
per year
Living Wage (Family of 4)
$158,808
per year
Cost Index by Category
Housing206.0
Food117.4
Transportation121.2
Healthcare113.9
Utilities131.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,245
per month
2 Bedroom
$1,526
per month
The overall cost of living index in Ridgway is 152.7, which is 52.7% above the national average. Housing costs are above the national average at an index of 206.0. A single adult needs to earn approximately $67,188 per year to cover basic expenses.