Cost of Living in Colorado City, TX
Population 3,973 · Texas · Data vintage 2023
(100 = US avg)
Household incomes in Colorado City run well below national norms — a median of $48,173 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $61,000). Unemployment has stayed elevated relative to the national figure — 8.6% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Colorado City is about 65 miles west of Abilene, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 66% lower than Abilene's $179,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Colorado City
The median home value in Colorado City is $61,100 — 80% below the national median of $305,000. Median rent runs $718/month, 45% lower than the national median of $1,314/month. The median household income of $48,173/year is 35% lower than the US median of $74,580. The local unemployment rate is 8.6%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 77.9°F and lows of 51.7°F, with about 2" of annual snowfall. Overall, Colorado City has a cost of living index of 34 versus the US average of 100, meaning it is 66% less expensive.
Colorado City 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 | 58 | 63 | 71 | 79 | 87 | 94 | 96 | 95 | 88 | 79 | 67 | 58 |
| Low °F | 31 | 35 | 42 | 50 | 60 | 68 | 72 | 72 | 64 | 53 | 41 | 33 |
| Precip" | 0.73 | 0.80 | 1.15 | 1.55 | 2.54 | 2.49 | 1.58 | 2.40 | 2.39 | 1.84 | 1.35 | 0.78 |
| Snow" | 0.3 | 0.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.7 |
Frequently Asked Questions
What is the cost of living in Colorado City, TX?
Colorado City has a cost index of 34 (100 = national average). It is 66% below the national average.
What is average rent in Colorado City, TX?
The median gross rent in Colorado City is $718 per month based on 2023 Census data.
What is the average home price in Colorado City?
The median home value in Colorado City is $61,100 according to Zillow and Census data.
What is the median income in Colorado City?
The median household income in Colorado City is $48,173 per year (2023 ACS 5-year estimates).
What is the sales tax in Colorado City, TX?
The combined state and local sales tax rate in Colorado City is 8.2%. Texas has no state income tax.
Is Colorado City, TX affordable?
Yes, Colorado City is generally considered affordable, with a cost of living index of 34 — about 66% below the US national average of 100.
What is the weather like in Colorado City?
Colorado City has average high temperatures of 77.9°F and average lows of 51.7°F. Annual precipitation is 19.6". Average annual snowfall is 2". Data from NOAA 1991–2020 Climate Normals.
Colorado City at a Glance
- Population
- 3,973
- Median Income
- $48,173
- Home Value
- $61,100
- Median Rent
- $718/mo
- Unemployment
- 8.6%
- Avg High Temp
- 77.9°F
- Sales Tax
- 8.2%
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Texas Rankings
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