Cost of Living in Vona, CO

With a cost of living index of 81, Vona, CO is a very affordable place to live. Living here is 19% cheaper than the national average and 33% below the Colorado state average of 114. Vona is a small community of 175 residents.

Housing costs are the biggest factor in Vona's cost of living. The median monthly rent is $875 (34% below the US median of $1,319), and the median home value sits at $226,600 (26% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Vona is $70,625, which is 6% lower than the national median of $75,149. Residents spend roughly 15% 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.