Cost of Living in Mancos, CO

With a cost of living index of 93, Mancos, CO is slightly more affordable than average. Living here is 7% cheaper than the national average and 21% below the Colorado state average of 114. Mancos is a small community of 1,016 residents.

Housing costs are the biggest factor in Mancos's cost of living. The median monthly rent is $962 (27% below the US median of $1,319), and the median home value sits at $343,900 (13% above the national median of $304,900). At current prices, the median home costs roughly 5.5x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Mancos is $62,361, which is 17% lower than the national median of $75,149. Residents spend roughly 19% 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.