Cost of Living in Salida, CO
Population 5,786 · Colorado · Data vintage 2023
(100 = US avg)
$583,000 is the going rate for a typical Salida home, 91% over the national median. Rents of $1,567/month track the same premium. The labor market has been unusually tight, with unemployment around 2.5% — below most comparable cities in the state.
Geographically, Salida is about 70 miles west of Colorado Springs, the nearest large metro. Median home values run roughly 39% higher than Colorado Springs' $421,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Salida
The median home value in Salida is $583,400 — 91% above the national median of $305,000. Median rent runs $1,567/month, 19% higher than the national median of $1,314/month. The median household income of $69,773/year is 6% lower than the US median of $74,580. The local unemployment rate is 2.5%, 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%. Overall, Salida has a cost of living index of 162 versus the US average of 100, meaning it is 62% more expensive.
Salida 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Salida, CO?
Salida has a cost index of 162 (100 = national average). It is 62% above the national average.
What is average rent in Salida, CO?
The median gross rent in Salida is $1,567 per month based on 2023 Census data.
What is the average home price in Salida?
The median home value in Salida is $583,400 according to Zillow and Census data.
What is the median income in Salida?
The median household income in Salida is $69,773 per year (2023 ACS 5-year estimates).
What is the sales tax in Salida, CO?
The combined state and local sales tax rate in Salida is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Salida, CO affordable?
Salida is above average in cost of living, with an index of 162 — about 62% higher than the national average.
Salida at a Glance
- Population
- 5,786
- Median Income
- $69,773
- Home Value
- $583,400
- Median Rent
- $1,567/mo
- Unemployment
- 2.5%
- Sales Tax
- 7.8%
Nearby Cities
Explore county-level cost of living data
Colorado Rankings
Similar Cost Cities
Cities in other states with comparable housing costs