Cost of Living in Dinosaur, CO

With a cost of living index of 64, Dinosaur, CO is one of the most affordable cities in the country. Living here is 36% cheaper than the national average and 50% below the Colorado state average of 114. Dinosaur is a small community of 614 residents.

Housing costs are the biggest factor in Dinosaur's cost of living. The median monthly rent is $879 (33% below the US median of $1,319), and the median home value sits at $23,200 (92% below the national median of $304,900). At current prices, the median home costs roughly 0.5x the median household income — well within traditional affordability guidelines.

The median household income in Dinosaur is $51,086, which is 32% lower than the national median of $75,149. Residents spend roughly 21% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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.