Idaho Springs is located in Colorado and has an overall cost of living that is -7% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Idaho Springs.

Housing: Median rent in Idaho Springs is $1,117 / month, and the median home price is $372,354. Housing costs are -30% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($4.18), milk ($4.85), and eggs ($4.78) reflect the local grocery landscape. Overall grocery costs are +2% vs the national average.

Healthcare: Medical costs include doctor visits ($183.06), dentist visits ($147.05), and prescription drugs ($26.50). These costs should be factored into your monthly budget when planning a move.

Colorado has a state income tax rate of 4.4%, which affects take-home pay for Idaho Springs residents.

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Idaho Springs, Colorado Cost of Living FAQ

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Idaho Springs, Colorado has an overall cost of living that is -7% the national average. Housing costs are -30% vs the national average. Grocery prices are +2% vs average. Utilities are -13% vs average. This makes Idaho Springs a reasonably affordable city.

The median rent in Idaho Springs, Colorado is $1,117 / month. Average energy bills run $191.51 / month. Phone bills average $170.85 / month. Housing is typically the largest expense for residents.

Healthcare costs in Idaho Springs: doctor's visit averages $183.06, dentist visit averages $147.05, prescription drugs average $26.50. Overall healthcare expenses in the area are influenced by the +2% grocery cost difference.

Idaho Springs is one of 62 cities tracked in Colorado. With an overall cost -7% vs the national average, it is more affordable than many other cities in the state. Visit our Colorado state page to compare all cities side-by-side and find the best fit for your budget.

Idaho Springs offers cost of living -7% compared to the national average. Key factors to consider: median home price of $372,354, rent of $1,117 / month, and a state income tax of 4.4% in Colorado. Explore our detailed cost breakdown above to see if Idaho Springs fits your budget.