Colorado City, CO is an attractive city for many looking to relocate due to its relatively affordable cost of living. 2 bedroom rent in Colorado City is $1,140 compared to the US average of $1,430, making it a great choice for those on a budget. Additionally, the Grocery Cost Index in Colorado City is 96 versus 100 in the US, creating even more savings. The city is home to many thriving businesses such as the local barber shop \"Hair We Go\", the book store \"Page & Cover\", and the restaurant \"Taco Station\". It also boasts plenty of natural attractions such as Rocky Mountain National Park and local trails that are perfect for outdoor activities like biking and hiking. All things considered, Colorado City is an ideal place to live for those seeking an affordable cost of living combined with diverse recreational opportunities.
Colorado City has an unemployment rate of 8.7%. The US average is 6.0%.
Colorado City has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.
Tax Rates for Colorado City
- The Sales Tax Rate for Colorado City is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Colorado City is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Colorado City
- The average income of a Colorado City resident is $27,868 a year. The US average is $28,555 a year.
- The Median household income of a Colorado City resident is $59,167 a year. The US average is $69,021 a year.