Cost of Living in Severance, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
191.2
100 = national avg
+91.2 vs national average
Living Wage (1 Adult)
$84,143
per year
Living Wage (Family of 4)
$198,884
per year
Cost Index by Category
Housing232.9
Food147.3
Transportation194.5
Healthcare137.8
Utilities154.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,238
per month
2 Bedroom
$1,563
per month
The overall cost of living index in Severance is 191.2, which is 91.2% above the national average. Housing costs are above the national average at an index of 232.9. A single adult needs to earn approximately $84,143 per year to cover basic expenses.