Zip 80623 (Gilcrest, CO) Cost of Living


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How much do I need to live in Gilcrest, Colorado?
$5,340 / month
for a family, 1.1% less expensive than the national average A total of $64,080 for the year for a family.
$3,100 / month
for a single person, 35.0% less expensive than the national average A total of $37,200 for the year for a single person.

Gilcrest cost of living score
113.4
More expensive
13.4% higher
than the US average
5.9% lower
than the Colorado average
Gilcrest (zip 80623), Colorado gets a BestPlaces Cost of Living score of 113.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.4% higher than the U.S. average and 5.9% higher than the average for Colorado.

Zip 80623 (Gilcrest, CO)

Housing costs in Gilcrest?
A typical home costs $335,100, which is 0.9% less expensive than the national average of $338,100 and 36.4% less expensive than the average Colorado home, at $527,200. Renting a two-bedroom unit in Gilcrest costs $1,210 per month, which is 26.7% cheaper than the national average of $1,650 and 14.0% cheaper than the state average of $1,380.

Can I afford Gilcrest?
To live comfortably in Gilcrest (zip 80623), Colorado, a minimum annual income of $64,080 for a family, and $37,200 for a single person is recommended.

What does A.I. say about Gilcrest?
The cost of living in 80623 Gilcrest, CO is slightly higher than the national average. The median home price is $277,200, which is 4% higher than the rest of Colorado and 10% higher than the US average. The median household income for 80623 Gilcrest, CO is $77,097, which is slightly more than 2% above the state’s average and 8% higher than the national median. The unemployment rate in 80623 Gilcrest, CO is 3.6%, slightly lower than the national rate and lower than both Colorado and Weld County's rate. In addition to this, utilities are on par with national averages. With all these factors combined, it's easy to see why living in 80623 Gilcrest, CO can be a bit more expensive than other parts of the country but also a great place to live if you can afford it!
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGilcrestColoradoUnited States
    Unlock120.5100.0
  96.4  Unlock100.0
    Unlock83.8100.0
  110.7  Unlock100.0
    Unlock$527,200$338,100
  100.0  Unlock100.0
    Unlock106.7100.0
  110.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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