Cost of Living in Yuma, CO

Population 3,427 · Colorado · Data vintage 2023

64
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 Yuma a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $180,000. Unemployment has stayed elevated relative to the national figure — 9.7% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Yuma lies roughly 110 miles east of the nearest major metro, Aurora. Median home values run roughly 60% lower than Aurora's $445,000.

Cost Overview

Housing 59
Rent 72

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

About the Cost of Living in Yuma

The median home value in Yuma is $180,000 — 41% below the national median of $305,000. Median rent runs $943/month, 28% lower than the national median of $1,314/month. The median household income of $52,102/year is 30% lower than the US median of $74,580. The local unemployment rate is 9.7%, 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, Yuma has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.

🏠 Housing

Median Home Value
$180,000
41% below avg
Zillow Home Value
$221,871
Zillow ZHVI
Median Rent
$943/mo
28% below avg
Price-to-Rent Ratio
15.9x
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 59.9%
Renter-occupied 40.1%

💰 Estimated Monthly Budget

Rent median rent
$943
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,557/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
17.9 min
34% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.7%

Commute Mode

Drove alone
70.9%
Carpooled
13.0%
Walked
13.5%
Work from home
2.7%

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
$52,102
30% below avg
Per Capita Income
$23,224
Unemployment Rate
9.7%
102% above avg
Poverty Rate
22.4%
Labor Force Participation
70.8%

🎓 Education

Bachelor's degree+ 9.4%
Graduate degree 7.4%

👥 Demographics

Median Age 32.9
Male median age 31.4
Female median age 42.2

Frequently Asked Questions

What is the cost of living in Yuma, CO?

Yuma has a cost index of 64 (100 = national average). It is 36% below the national average.

What is average rent in Yuma, CO?

The median gross rent in Yuma is $943 per month based on 2023 Census data.

What is the average home price in Yuma?

The median home value in Yuma is $180,000 according to Zillow and Census data.

What is the median income in Yuma?

The median household income in Yuma is $52,102 per year (2023 ACS 5-year estimates).

What is the sales tax in Yuma, CO?

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

Is Yuma, CO affordable?

Yes, Yuma is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.

Yuma at a Glance

Population
3,427
Median Income
$52,102
Home Value
$180,000
Median Rent
$943/mo
Unemployment
9.7%
Sales Tax
7.8%
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