Craig, CO, has a lower cost of living compared to the nationwide average. The average cost of living index in Craig stands at 94, which is 6% lower than the average of 100. Housing costs in Craig are notably lower, with an index of 82, while groceries and utilities are close to the national average. This makes Craig an attractive option for those seeking a more affordable lifestyle.
Craig, Colorado, offers a cost of living that is notably lower than the nationwide average. The housing index in Craig is 82, which is 18% below the national average. This means that housing expenses in Craig are significantly cheaper, making it an attractive option for those looking to save on their living costs. Additionally, groceries in Craig are priced at 95, which is 5% lower than the national average. This slight reduction can add up over time, providing some relief to household budgets.
Transportation costs in Craig, however, are slightly higher than the national average, with an index of 105. This represents a 5% increase, which might be a consideration for those who rely heavily on personal vehicles. Utilities in Craig are nearly on par with the national average, with an index of 99, showing almost no difference in cost. Healthcare costs in Craig stand at 98, which is 2% below the national average, offering a small advantage in this essential area. Miscellaneous expenses, with an index of 90, are 10% lower than the national average, providing further savings opportunities. Overall, Craig presents a cost of living that is favorable for many, with notable savings in housing and groceries.