Cost of Living in Silt, CO

Population 3,575 · Colorado · Data vintage 2023

136
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Silt a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $391,000. The labor market has been unusually tight, with unemployment around 0.2% — below most comparable cities in the state.

Silt lies roughly 130 miles west of the nearest major metro, Boulder — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 60% lower than Boulder's $983,000.

Cost Overview

Housing 128
Rent 147

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

About the Cost of Living in Silt

The median home value in Silt is $391,400 — 28% above the national median of $305,000. Median rent runs $1,928/month, 47% higher than the national median of $1,314/month. The median household income of $86,484/year is 16% higher than the US median of $74,580. The local unemployment rate is 0.2%, 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 64.4°F and lows of 33.8°F. Overall, Silt has a cost of living index of 136 versus the US average of 100, meaning it is 36% more expensive.

🏠 Housing

Median Home Value
$391,400
28% above avg
Zillow Home Value
$188,511
Zillow ZHVI
Median Rent
$1,928/mo
47% above avg
Price-to-Rent Ratio
16.9x
Favors buying
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 74.2%
Renter-occupied 25.8%

💰 Estimated Monthly Budget

Rent median rent
$1,928
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,542/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 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
40.7 min
51% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.2%

Commute Mode

Drove alone
69.5%
Carpooled
20.0%
Public transit
2.3%
Walked
1.2%
Work from home
6.2%

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
$86,484
16% above avg
Per Capita Income
$34,855
Unemployment Rate
0.2%
95% below avg
Poverty Rate
5.8%
Labor Force Participation
78.4%

🎓 Education

Bachelor's degree+ 17.7%
Graduate degree 4.4%

👥 Demographics

Median Age 33.7
Male median age 31.8
Female median age 35.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.4°F
Avg Low
33.8°F
Annual Precip
10.7"
10° 33° 55° 78° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374455637486928980665037
Low °F 132027334048555445342314
Precip" 0.700.600.761.011.140.680.961.071.341.270.630.57

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 54 — Moderate
45.5%
Good air days/yr
126
Max AQI recorded
5
PM2.5 days
360
Ozone days

Frequently Asked Questions

What is the cost of living in Silt, CO?

Silt has a cost index of 136 (100 = national average). It is 36% above the national average.

What is average rent in Silt, CO?

The median gross rent in Silt is $1,928 per month based on 2023 Census data.

What is the average home price in Silt?

The median home value in Silt is $391,400 according to Zillow and Census data.

What is the median income in Silt?

The median household income in Silt is $86,484 per year (2023 ACS 5-year estimates).

What is the sales tax in Silt, CO?

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

Is Silt, CO affordable?

Silt is above average in cost of living, with an index of 136 — about 36% higher than the national average.

What is the weather like in Silt?

Silt has average high temperatures of 64.4°F and average lows of 33.8°F. Annual precipitation is 10.7". Data from NOAA 1991–2020 Climate Normals.

Silt at a Glance

Population
3,575
Median Income
$86,484
Home Value
$391,400
Median Rent
$1,928/mo
Unemployment
0.2%
Avg High Temp
64.4°F
Sales Tax
7.8%
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Explore county-level cost of living data

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