Craig, CO, has a cost of living index that is slightly below the nationwide average. The overall index stands at 89, which is 11% lower than the national average of 100. This means that, on average, residents in Craig can expect to pay less for most goods and services. The lower housing and transportation costs contribute significantly to this reduced overall index.
Craig, Colorado, presents a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Craig stands at 85, indicating that housing costs are 15% lower than the national average. This makes it an attractive option for those looking to save on their housing expenses without sacrificing quality of life.
Additionally, the cost of groceries in Craig is 90, which is 10% below the average. This suggests that residents can enjoy a more affordable grocery bill compared to the national average. Utilities in Craig are priced at 95, only 5% lower than the average, making them relatively comparable. Transportation costs are at 88, which is 12% below the average, offering another area where residents can save. Healthcare costs in Craig are slightly lower, at 92, which is 8% below the average, indicating that healthcare expenses are also more manageable. Miscellaneous expenses are at 87, which is 13% lower than the average, further contributing to the overall lower cost of living in Craig.