Cortez, CO, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Cortez is 93, which is 7% lower than the national average of 100. This makes housing, utilities, and miscellaneous expenses more affordable for residents. However, the cost of groceries and healthcare remains close to the national average, with indices of 95 and 98, respectively.
Cortez, Colorado, offers a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Cortez stands at 85, indicating that housing costs are 15% lower than the national average. This makes it a more affordable option for those looking to settle in the area. Additionally, the groceries index is at 95, which means that grocery expenses are only 5% below the national average, making it slightly cheaper to buy food in Cortez.
Cortez also shows a relatively balanced cost of living across various categories. Utilities, for instance, are priced at 90, which is 10% below the national average. Transportation costs are on par with the national average, standing at 100. Healthcare costs are slightly lower, with an index of 98, meaning they are 2% below the national average. Miscellaneous expenses, which include items like clothing and entertainment, are at 92, indicating a 8% reduction compared to the national average. Overall, Cortez offers a cost of living that is attractive for those looking to balance affordability with quality of life.