Cost of Living in Black Forest, CO

Population 14,658 · Colorado · Data vintage 2023

264
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Black Forest sits 164% above the national median — $805,000 for the typical home — but median household incomes near $142,173 (91% above the US figure) soften the blow that similar pricing creates in lower-wage metros. At 6.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Black Forest sits roughly 14 miles north of Colorado Springs. Median home values run roughly 91% higher than Colorado Springs' $421,000.

Cost Overview

Housing 264

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Black Forest

The median home value in Black Forest is $805,200 — 164% above the national median of $305,000. The median household income of $142,173/year is 91% higher than the US median of $74,580. The local unemployment rate is 6.2%, above the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. Overall, Black Forest has a cost of living index of 264 versus the US average of 100, meaning it is 164% more expensive.

🏠 Housing

Median Home Value
$805,200
164% above avg
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$884
1 BR
$960
2 BR
$1,251
3 BR
$1,611
4 BR
$2,004
Owner-occupied 95.2%
Renter-occupied 4.8%

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.5 min
17% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
29.6%

Commute Mode

Drove alone
63.3%
Carpooled
5.6%
Public transit
0.2%
Walked
0.7%
Work from home
29.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.4%
Total Sales Tax 7.8%
State rate 2.9%
Avg local rate 4.9%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$142,173
91% above avg
Per Capita Income
$65,532
Unemployment Rate
6.2%
28% above avg
Poverty Rate
2.8%
Labor Force Participation
59.6%

🎓 Education

Bachelor's degree+ 32.2%
Graduate degree 24.8%

👥 Demographics

Median Age 48.7
Male median age 50
Female median age 47.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
65.8%
Good air days/yr
154
Max AQI recorded
31
PM2.5 days
334
Ozone days

Frequently Asked Questions

What is the cost of living in Black Forest, CO?

Black Forest has a cost index of 264 (100 = national average). It is 164% above the national average.

What is the average home price in Black Forest?

The median home value in Black Forest is $805,200 according to 2023 Census ACS data.

What is the median income in Black Forest?

The median household income in Black Forest is $142,173 per year (2023 ACS 5-year estimates).

What is the sales tax in Black Forest, CO?

The combined state and local sales tax rate in Black Forest is 7.8%. The Colorado state income tax top rate is 4.4%.

Is Black Forest, CO affordable?

Black Forest is above average in cost of living, with an index of 264 — about 164% higher than the national average.