Cost of Living in Buena Vista, CO

With a cost of living index of 122, Buena Vista, CO is a notably expensive place to live. Living here is 22% more expensive than the national average and 8% above the Colorado state average of 114. Buena Vista is a small community of 2,966 residents.

Housing costs are the biggest factor in Buena Vista's cost of living. The median monthly rent is $1,519 (15% above the US median of $1,319), and the median home value sits at $495,800 (63% above the national median of $304,900). At current prices, the median home costs roughly 8.5x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Buena Vista is $58,409, which is 22% lower than the national median of $75,149. Residents spend roughly 31% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.