The $2,922 monthly cost of living in Pueblo County is the lowest in Colorado

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Published Tuesday, October 20, 2020
by The Center Square

Residents of Pueblo County need to make only $2,922 every month to maintain a modest standard of living, making it the least expensive place in Colorado to live, according to an analysis from 24/7 Wall St.

The Economic Policy Institute's Family Budget Calculator was used to determine the local cost of living, which includes housing, food, health care, transportation and other necessities. In many of the locations examined in the study -- which identified the region in each state where the cost of living is lowest -- housing costs can account for less than 15 percent of total living expenses.

The monthly housing cost in Pueblo County was $600. And the median household income in the region stood at $44,634.

The May 2020 jobless rate there was 9.2%. Unemployment rates in half of the most affordable counties were above the 13% national average during the coronavirus pandemic, the website reported. And local population growth in recent years in many of these regions was less than the U.S. average.

The 24/7 Wall St. analysis ranked counties by estimating the cost of living for a single adult resident to have a modest quality of life.

Least Expensive Region in Each State

State

County / Region

Monthly Cost of Living

Monthly Housing Costs

Median Household Income

May 2020 Jobless Rate

Alabama

Dale County

$2,739

$420

$45,960

7.4%

Alaska

Aleutians East Borough

$3,336

$783

$69,706

15.8%

Arizona

Pima County

$2,881

$568

$51,037

8.4%

Arkansas

Craighead County

$2,620

$458

$45,868

8.5%

California

Merced County

$2,946

$565

$50,129

16.5%

Colorado

Pueblo County

$2,922

$600

$44,634

9.2%

Connecticut

Hartford County

$3,192

$773

$72,321

9.2%

Delaware

Sussex County

$3,201

$622

$60,853

16.0%

Florida

Baker County

$2,741

$493

$61,769

7.7%

Georgia

Marion County

$2,674

$385

$44,309

6.2%

Hawaii

Hawaii County

$3,719

$823

$59,297

21.1%

Idaho

Bannock County

$2,729

$479

$49,739

7.6%

Illinois

Alexander County

$2,731

$304

$34,709

14.1%

Indiana

Elkhart County

$2,665

$519

$55,399

11.9%

Iowa

Black Hawk County

$2,685

$517

$52,688

11.6%

Kansas

Wyandotte County

$2,741

$546

$44,873

14.0%

Kentucky

Pulaski County

$2,620

$443

$37,921

11.8%

Louisiana

Caddo Parish

$2,813

$566

$40,866

14.0%

Maine

Androscoggin County

$3,103

$634

$51,412

9.2%

Maryland

Baltimore City

$2,803

$730

$48,840

11.1%

Massachusetts

Hampden County

$3,121

$744

$53,403

18.0%

Michigan

Bay County

$2,657

$502

$48,005

20.0%

Minnesota

Benton County

$2,829

$484

$56,357

9.7%

Mississippi

Coahoma County

$2,685

$455

$30,009

15.1%

Missouri

St. Louis City

$2,625

$578

$41,107

13.5%

Montana

Custer County

$3,025

$514

$55,841

6.5%

Nebraska

Dodge County

$2,870

$487

$53,101

3.8%

Nevada

Nye County

$2,796

$537

$45,711

15.1%

New Hampshire

Coos County

$3,066

$669

$45,696

17.9%

New Jersey

Camden County

$3,224

$823

$67,118

15.0%

New Mexico

Bernalillo County

$2,605

$569

$51,643

9.2%

New York

Orleans County

$2,947

$523

$51,843

11.6%

North Carolina

Person County

$2,995

$468

$48,811

13.4%

North Dakota

Cass County

$2,683

$542

$62,031

7.8%

Ohio

Lucas County

$2,503

$478

$46,924

18.7%

Oklahoma

Choctaw County

$2,880

$476

$32,129

13.5%

Oregon

Douglas County

$2,913

$506

$45,812

14.7%

Pennsylvania

Lawrence County

$2,664

$494

$48,860

13.6%

Rhode Island

Providence County

$2,939

$775

$55,233

17.1%

South Carolina

Chesterfield County

$2,788

$452

$40,033

10.3%

South Dakota

Beadle County

$2,791

$460

$51,700

6.2%

Tennessee

Grainger County

$2,626

$420

$42,997

10.3%

Texas

Cameron County

$2,531

$564

$37,132

16.0%

Utah

Cache County

$2,754

$467

$56,840

4.8%

Vermont

Orleans County

$3,370

$627

$47,915

16.6%

Virginia

Danville City

$2,694

$505

$36,301

12.7%

Washington

Spokane County

$2,617

$539

$54,852

15.1%

West Virginia

Brooke County

$2,782

$449

$49,772

13.2%

Wisconsin

Sheboygan County

$2,770

$488

$58,943

12.5%

Wyoming

Hot Springs County

$3,028

$511

$51,875

6.8%

Source: 24/7 Wall St.

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