Cost of Living in Romeo, CO

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

Cost of Living Overview

Overall Index

73.9

100 = national avg

-26.1 vs national average

Living Wage (1 Adult)

$32,519

per year

Living Wage (Family of 4)

$76,863

per year

Cost Index by Category

Housing
63.3
Food
82.2
Transportation
86.3
Healthcare
85.8
Utilities
82.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$865

per month

2 Bedroom

$973

per month

The overall cost of living index in Romeo is 73.9, which is 26.1% below the national average. Housing costs are below the national average at an index of 63.3. A single adult needs to earn approximately $32,519 per year to cover basic expenses.