Crestone, CO is a small community located in the foothills of the Sangre De Cristo Mountains. It offers beautiful scenery, quiet streets, and plenty of outdoor activities for people who are looking for a peaceful place to call home. The two bedroom rent in Crestone is significantly lower than the US average at $950 compared to $1,430 making it an economical choice for residents. In addition, the grocery cost index in Crestone is 103 versus 100 in the US which means essential items tend to be slightly more affordable than some other cities.
There are several local businesses that make living in Crestone even more attractive. The Temple B'Nai Israel provides kosher food and cultural events, Reflection on Willow Creek offers organic cafe cuisine while weaving spiritual practices, and Colorado Hemp Honey celebrates hemp-based products from locally sourced beekeepers. With its peaceful surroundings and welcoming local businesses, Crestone is an appealing destination for anyone looking to find a balanced way of life away from hustle and bustle of city living.
Crestone has an unemployment rate of 6.8%. The US average is 6.0%.
Crestone has seen the job market increase by 7.3% over the last year. Future job growth over the next ten years is predicted to be 65.2%, which is higher than the US average of 33.5%.
Tax Rates for Crestone
- The Sales Tax Rate for Crestone is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Crestone 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 Crestone
- The average income of a Crestone resident is $11,966 a year. The US average is $28,555 a year.
- The Median household income of a Crestone resident is $8,750 a year. The US average is $69,021 a year.