Cost of Living in Craig, CO
Population 9,022 · Colorado · Data vintage 2023
(100 = US avg)
Craig sits on the smaller end of the Colorado city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 1.6% points to a labor market well on the tight side of the national distribution.
Located 125 miles west of Boulder, Craig is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 74% lower than Boulder's $983,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Craig
The median home value in Craig is $252,900 — 17% below the national median of $305,000. Median rent runs $1,060/month, 19% lower than the national median of $1,314/month. The median household income of $69,256/year is 7% lower than the US median of $74,580. The local unemployment rate is 1.6%, below the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. The climate averages highs of 59.8°F and lows of 26.1°F. Overall, Craig has a cost of living index of 82 versus the US average of 100, meaning it is 18% less expensive.
Craig has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 31 | 36 | 48 | 59 | 69 | 81 | 89 | 87 | 77 | 62 | 47 | 32 |
| Low °F | 3 | 9 | 20 | 27 | 35 | 41 | 47 | 46 | 37 | 26 | 17 | 5 |
| Precip" | 0.91 | 0.89 | 0.99 | 1.67 | 1.63 | 0.99 | 0.93 | 0.97 | 1.75 | 1.48 | 0.99 | 0.90 |
Frequently Asked Questions
What is the cost of living in Craig, CO?
Craig has a cost index of 82 (100 = national average). It is 18% below the national average.
What is average rent in Craig, CO?
The median gross rent in Craig is $1,060 per month based on 2023 Census data.
What is the average home price in Craig?
The median home value in Craig is $252,900 according to Zillow and Census data.
What is the median income in Craig?
The median household income in Craig is $69,256 per year (2023 ACS 5-year estimates).
What is the sales tax in Craig, CO?
The combined state and local sales tax rate in Craig is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Craig, CO affordable?
Yes, Craig is generally considered affordable, with a cost of living index of 82 — about 18% below the US national average of 100.
What is the weather like in Craig?
Craig has average high temperatures of 59.8°F and average lows of 26.1°F. Annual precipitation is 14.1". Data from NOAA 1991–2020 Climate Normals.
Craig at a Glance
- Population
- 9,022
- Median Income
- $69,256
- Home Value
- $252,900
- Median Rent
- $1,060/mo
- Unemployment
- 1.6%
- Avg High Temp
- 59.8°F
- Sales Tax
- 7.8%
Nearby Cities
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Colorado Rankings
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