Cost of Living in Pueblo, CO
Pueblo cost of living index: 87.63 (below the US average). Median home price: $310,000.
Updated 2026 • Based on 7 local zip codes
📍 Some data sourced from nearby metro area
% below the national average
Housing
Data from 7 zip codes
Housing costs in Pueblo, CO based on real market data from 7 local zip codes.
Considering a move to Pueblo, CO? The housing index stands at 70.57, suggesting it’s somewhat competitive. With a median home price of 310000.0, purchasing a home may require a solid budget. Rental options are also available, with an average rent of 1189.43 for a 2-bedroom apartment and for a house. Keep in mind that the cost of living can tie into job opportunities and community amenities. Explore these factors to ensure a good fit for your lifestyle and long-term financial goals.
Last updated: January 2026
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Living in Pueblo, CO could entail variable utility costs. Electricity costs sit at $15.21, while natural gas is priced at $11.3 per Thousand Cubic Feet. Expect to budget about $112.2 monthly for other services like water and garbage.
Cost Breakdown by Category
Local Income & Economy in Pueblo, CO
How far does your money go in Pueblo? Understanding the relationship between income and cost of living is key to evaluating affordability.
How We Calculate Adjusted Purchasing Power in Pueblo
The adjusted purchasing power shows what a Pueblo, CO household income is actually worth after accounting for local prices. We calculate it using the formula: Purchasing Power = Median Income ÷ Cost of Living Index × 100
For Pueblo, that's $52,794 ÷ 87.63 × 100 = $60,246. This means a household earning the median income in Pueblo has the equivalent buying power of $60,246 in a city where the cost of living index equals the national baseline of 100.
With a cost of living index of 87.63, Pueblo is more affordable than the national average. The median household income of $52,794 effectively stretches to $60,246 in purchasing power — meaning everyday expenses like housing, groceries, and utilities cost less here. This makes Pueblo, CO an attractive destination for budget-conscious families, remote workers, and retirees looking to maximize their income.
Housing is particularly affordable, with a median home price of $310,000. Renters and first-time homebuyers in Pueblo benefit from lower monthly costs compared to national averages, leaving more room in the budget for savings and quality of life.
💡 Purchasing power is calculated by dividing the local median household income by the cost of living index and multiplying by 100. A result higher than the nominal income means your money goes further; a lower result means local prices erode your earnings. The US baseline cost of living index is 100.
Pros & Cons of Living in Pueblo
Pros
- • Friendly community vibe
- • Growing job opportunities
- • Diverse cultural events
- • Nearby outdoor activities
- • Strong local food scene
- • Access to nearby mountains
- • Affordable housing options
- • Good local parks for kids
- • Mild climate year-round
- • Low crime rates overall
Cons
- • Schools need improvement
- • Limited nightlife options
- • Lack of public transport
- • Limited shopping options
- • Racism issues reported
- • Political views are mixed
- • Fewer family activities
- • Regional economic disparities
- • Healthcare facilities are lacking
- • Some areas have high poverty
💡City Insights
Pueblo scores 6/10 for affordability, 5/10 for safety, and 5/10 for family-friendliness — an good overall profile.
Frequently Asked Questions
What is the cost of living in Pueblo, CO? ▼
The cost of living in Pueblo, CO is 12% lower than the national average, with a cost of living index of 88 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Pueblo, CO? ▼
In Pueblo, CO, The median home price is $310,000. requiring approximately $109,286 annual income to afford. Average rent is $1,189/month (requiring ~$47,577/year income). The local median household income is $52,794, making homeownership challenging for typical residents. Explore Pueblo real estate data →
Is Pueblo, CO a safe place to live? ▼
Pueblo, CO is average in terms of safety, with crime rates near the national average. Safety varies significantly by neighborhood. View detailed Pueblo crime statistics →
What salary do you need to live comfortably in Pueblo, CO? ▼
To live comfortably in Pueblo, CO and afford a median-priced home of $310,000, you would typically need a household income of $77,500 to $96,875 per year. The local median household income is $52,794. Renting requires approximately $47,577/year (at $1,189/month). See full affordability analysis →
What are the best neighborhoods in Pueblo, CO? ▼
The best neighborhoods in Pueblo, CO depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods throughout the city offer good value since the median home price of $310,000 is below the national average.
How are the taxes in Pueblo, CO? ▼
Tax rates in Pueblo, CO include state and local components. The cost of living index of 88 suggests a lower overall tax and expense burden cost environment compared to the national average. View detailed Pueblo tax information →
How does Pueblo, CO compare to nearby cities? ▼
Pueblo, CO offers a more affordable alternative to nearby communities. With a cost of living index of 88, median home prices of $310,000, and a crime rate of 0 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Pueblo, CO? ▼
Weather in Pueblo, CO varies by season. Climate data varies by season. View detailed Pueblo climate & environment data →
What factors affect cost of living in Pueblo, CO? ▼
The main factors affecting cost of living in Pueblo, CO include housing costs (the biggest factor), utilities, groceries, transportation, and healthcare. Local taxes and the overall economic conditions also play a role.
Housing Costs by Zip Code
Detailed housing data across 7 zip codes in Pueblo, CO.
| Zip Code | Median Home Price | Avg Rent | 2BR Rent | For Sale | For Rent |
|---|---|---|---|---|---|
| 81001 | $210,000 | $1,301/mo | $1,025/mo | 241 | 65 |
| 81003 | $235,000 | $1,199/mo | $1,095/mo | 91 | 35 |
| 81004 | $199,999 | $1,191/mo | $1,200/mo | 226 | 59 |
| 81005 | $310,000 | $1,408/mo | $1,095/mo | 183 | 36 |
| 81006 | $325,000 | $1,016/mo | $975/mo | 60 | 7 |
| 81007 | $330,000 | $1,746/mo | $1,300/mo | 480 | 31 |
| 81008 | $328,500 | $1,521/mo | $1,636/mo | 105 | 82 |
Explore More About Pueblo, CO
📅 Last Updated: January 2026
Sources: U.S. Census Bureau (ACS), Bureau of Labor Statistics, Council for Community and Economic Research (C2ER), Zillow, Redfin