The cost of living in Basalt, Colorado, is notably higher than the nationwide average of 100. Housing stands out with an index of 180, suggesting it costs 80% more than the national average. Overall, Basalt’s cost of living index is 140, which is 40% above the average. This indicates higher expenses for residents compared to the rest of the country.
When comparing the cost of living in Basalt, CO, to the nationwide average, several key areas show significant differences. Housing costs in Basalt are notably higher, standing at 180 on the index scale. This means housing costs in Basalt are 80% higher than the national average, which is set at 100. Job seekers considering Basalt should be prepared for higher expenses when it comes to finding a place to live.
Other costs in Basalt also differ from the nationwide average. Groceries, for instance, are 20% higher at 120 on the index. Utilities and transportation each show around a 10% to 15% increase, with indexes of 110 and 115, respectively. Healthcare costs are 30% higher, with an index of 130. Even miscellaneous expenses are 25% above the average, with an index of 125. These figures indicate that while Basalt offers a desirable location, it comes with higher living expenses across multiple categories.
