Zip 81522 (Gateway, CO) Cost of Living


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Gateway cost of living score
99.1
Less expensive
0.9% lower
than the US average
17.8% lower
than the Colorado average
Gateway (zip 81522), Colorado gets a BestPlaces Cost of Living score of 99.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.9% lower than the U.S. average and 17.8% lower than the average for Colorado.

Zip 81522 (Gateway, CO)

Housing costs in Gateway?
A typical home costs $415,400, which is 22.9% more expensive than the national average of $338,100 and 21.2% less expensive than the average Colorado home, at $527,200. Renting a two-bedroom unit in Gateway costs $1,060 per month, which is 25.9% cheaper than the national average of $1,430 and 55.7% cheaper than the state average of $1,650.

Can I afford Gateway?
To live comfortably in Gateway (zip 81522), Colorado, a minimum annual income of $79,560 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Gateway?
Living in 81522 Gateway, CO can be quite expensive. The cost of living is significantly higher than the national average due to the area's proximity to ski resorts and other tourist attractions. Housing costs in particular are very high, with the median home price being over $400,000. Utility costs are also high due to the need for additional heating or cooling to account for extreme temperatures throughout the year. Transportation costs can be steep as well due to longer commutes that often come with living in rural areas. Food costs are generally comparable to those found elsewhere, but prices may be higher due to limited nearby options. Despite these elevated costs, many people are drawn to 81522 Gateway, CO by its stunning views and recreational opportunities.
   Cost of living score
     CategoriesGatewayColoradoUnited States
  99.1120.5100.0
  101.7100.7100
  86.383.8100.0
  108.5167.5100.0
  $415,400$527,200$338,100
  102.0%98.4%100.0%
  83.8106.7100.0
  108.9120.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime