Cost Of Living in Burlington, CO

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A

5%

Overall NAT. AVG.

11%

Goods & Services NAT. AVG.

33%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Burlington	Colorado	National
Cost of living	95	111	100
Goods & Services	111	104	100
Groceries	104	101	100
Health care	105	100	100
Housing	67	134	100
Transportation	104	105	100
Utilities	99	91	100

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Cost Of Living Quick Facts

The cost of living in Burlington is 15% lower than the Colorado average
The cost of living in Burlington is 5% lower than the national average
Burlington housing is 33% lower than the national average
Colorado general sales tax is 43% lower than the national average
Colorado state income tax is 69% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$62,702	$5,225	$1,463	$1,881
Renters	$32,356	$2,696	$755	$971

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Burlington, CO, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Burlington homeowners, is $62,702. This would allow for a maximum of $1,463 per month to be spent on housing costs. For renters, the median monthly income is $32,356 which would result in a maximum of $755 to be spent on rental costs.

Colorado Sales Tax

State	General Sales Tax	With Max Surtax
Colorado	2.9%	10%

Colorado Income Tax

State	Income Tax (Low)	Income Tax (High)
Colorado	4.4%	4.4%

Goods & Services

Item	Burlington	National avg.	Difference
Haircut	$33.33	$24.26	37.4%
Beauty Salon	$47.14	$45.56	3.5%
Toothpaste	$3.61	$3.70	2.4%
Shampoo	$1.29	$1.28	0.7%
Movie	$11.74	$12.13	3.2%
Bowling	$18.60	$18.00	3.3%

Groceries

Item	Burlington	National avg.	Difference
Ground Beef	$5.52	$5.84	5.5%
Fried Chicken	$1.39	$1.57	11.4%
Milk	$4.69	$4.67	0.4%
Potatoes	$4.14	$4.93	16.0%
Pizza	$12.36	$12.09	2.2%
Beer	$10.75	$10.41	3.3%

Health Care

Item	Burlington	National avg.	Difference
Optometrist	$115.89	$125.68	7.8%
Doctor	$148.28	$135.78	9.2%
Dentist	$118.46	$113.29	4.6%
Ibuprofen	$10.72	$10.65	0.6%
Lipitor	$514.89	$468.60	9.9%

Housing

Item	Burlington	National avg.	Difference
Home Price	$107,200.00	$184,700.00	42.0%
Avg. Mortgage Payment	$2,599.40	$2,346.69	10.8%
Apartment Rent	$845.00	$949.00	11.0%

Transportation

Item	Burlington	National avg.	Difference
Gasoline	$3.64	$3.46	5.3%
Tire Balancing	$60.47	$59.92	0.9%

Utilities

Item	Burlington	National avg.	Difference
All Electricity	$191.51	$193.99	1.3%
Phone	$189.92	$192.25	1.2%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Kanorado, KS	157	90	9.6%
Bethune, CO	166	92	8.3%
Burlington, CO	3,237	95	5.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Moulton, AL	3,237	82	18.4%
Taylor Creek, OH	3,236	108	7.6%
Cross Mountain, TX	3,238	135	35.1%
Tyro, NC	3,239	89	11.1%
Williams, AZ	3,234	112	11.8%
Burlington, CO	3,237	95	5.3%