The cost of living index in Basalt, CO, shows a significant variation compared to the nationwide average. Housing costs are notably higher, standing at 276, which is 176% of the national average. Other expenses like groceries, utilities, transportation, healthcare, and miscellaneous items also exceed the national average, though not as dramatically. Groceries cost 15% more, utilities 9% more, transportation 13% more, healthcare 4% more, and miscellaneous items 18% more.
The cost of living in Basalt, Colorado, presents a unique picture when compared to the nationwide average. Housing costs in Basalt are notably higher, with an index of 276. This means housing costs are almost three times the national average, which is set at 100. For those considering a move, this significant increase could impact overall living expenses substantially.
Other areas also show variations. Groceries in Basalt cost 15% more than the national average, with an index of 115. Utilities follow closely behind at 9% higher, with an index of 109. Transportation costs are slightly above the average, at 13% higher, with an index of 113. Healthcare costs remain relatively close to the national average, with only a 4% increase, indexed at 104. Miscellaneous expenses are also 18% higher, indexed at 118. These figures highlight the higher expenses Basalt residents face in several key areas.
