Cost of Living in South Fork, CO

With a cost of living index of 93, South Fork, 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. South Fork is a small community of 615 residents.

Housing costs are the biggest factor in South Fork's cost of living. The median monthly rent is $874 (34% below the US median of $1,319), and the median home value sits at $381,600 (25% above the national median of $304,900). At current prices, the median home costs roughly 5x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in South Fork is $75,938, which is 1% higher than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.