Cost of Living in Watkins, CO

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

Cost of Living Overview

Overall Index

249.8

100 = national avg

+149.8 vs national average

Living Wage (1 Adult)

$109,933

per year

Living Wage (Family of 4)

$259,842

per year

Cost Index by Category

Housing
336.0
Food
170.2
Transportation
240.5
Healthcare
156.2
Utilities
189.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,754

per month

2 Bedroom

$2,089

per month

The overall cost of living index in Watkins is 249.8, which is 149.8% above the national average. Housing costs are above the national average at an index of 336.0. A single adult needs to earn approximately $109,933 per year to cover basic expenses.