Cost of living in Castle Pines research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Castle Pines is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Colorado, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Castle Pines is 145, with 100 being the average.
The cost of living index in Castle Pines is 1.4x higher than the national average.
Castle Pines ranks as the #106 cheapest in Colorado out of 111.
Castle Pines ranks as the #5,721 cheapest out of 6,412 in the US.
The median home value in Castle Pines is $688,100.
The median income in Castle Pines is $186,976.
According to the most recent data on the cost of living, Castle Pines has an overall cost of living index of 145, which is 1.4x higher than the national index of 100.
Compared to Colorado, Castle Pines has a cost of living index that's 1.4x higher than Colorado's index of 104.
The standard of living in Castle Pines ranks as #106 most affordable out of the 111 places we measured in Colorado. By definition, that implies Castle Pines ranks as the #5 most expensive place in the Centennial State.
For more reading on life in Castle Pines, check out:
Six factors go into calculating the cost of living index in Castle Pines. Here is how it fairs on each of the criteria:
The Services index in Castle Pines is 113.
The Groceries index in Castle Pines is 96.
The Health index in Castle Pines is 98.
The Housing index in Castle Pines is 244.
The Transportation index in Castle Pines is 112.
The Utilities index in Castle Pines is 78.
Living Expense | Castle Pines | Colorado | National Average | |
---|---|---|---|---|
Overall | 145 | 104 | 100 | |
Services | 113 | 102 | 100 | |
Groceries | 96 | 99 | 100 | |
Health | 98 | 100 | 100 | |
Housing | 244 | 116 | 100 | |
Transportation | 112 | 104 | 100 | |
Utilities | 78 | 90 | 100 |
Housing swings affordability the most between places in Colorado, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Castle Pines is $688,100.
The Median Rent in Castle Pines is $1,737.
The Median Income in Castle Pines is $186,976.
The Home Value To Income in Castle Pines is 3.7x.
The Rent To Monthly Income in Castle Pines is 0.11x.
Statistic | Castle Pines | Colorado | United States |
---|---|---|---|
Median Home Value | $688,100 | $397,500 | $244,900 |
Median Rent | $1,737 | $1,437 | $1,163 |
Median Income | $186,976 | $80,184 | $69,021 |
Home Value To Income | 3.7x | 5.0x | 3.5x |
Rent To Monthly Income | 0.11x | 0.22x | 0.2x |
Item | Castle Pines | Colorado |
---|---|---|
Shampoo | $0.98 | $1.06 |
Movie | $12.9 | $10.68 |
Bowling | $19.78 | $14.67 |
Haircut | $21.67 | $18.62 |
Beauty Salon | $44.29 | $39.05 |
Item | Castle Pines | Colorado |
---|---|---|
Ground Beef | $4.11 | $4.22 |
Fried Chicken | $1.48 | $1.39 |
Milk | $1.76 | $2.05 |
Potatoes | $3.05 | $3.29 |
Pizza | $12.49 | $10.62 |
Beer | $8.98 | $9.38 |
Toothpaste | $1.89 | $2.34 |
Item | Castle Pines | Colorado |
---|---|---|
Optometrist | $104.86 | $108.57 |
Doctor | $111.77 | $116.17 |
Dentist | $105.51 | $99.13 |
Item | Castle Pines | Colorado |
---|---|---|
Gasoline | $2.49 | $2.22 |
Tire Balancing | $57.16 | $50.07 |
Item | Castle Pines | Colorado |
---|---|---|
All Electricity | $105.51 | $167.67 |
Phone | $186.48 | $175.64 |
The cost of living varies in the cities and towns around Castle Pines. Here's a quick look at the cost of living in the most populous nearby places:
Aurora, CO has a cost of living index of 108, 0.7x Castle Pines.
Castle Rock, CO has a cost of living index of 120, 0.8x Castle Pines.
Parker, CO has a cost of living index of 123, 0.8x Castle Pines.
City | Population | Cost Of Living | Vs. Castle Pines |
---|---|---|---|
Aurora, CO | 383,496 | 108 | 0.7x |
Castle Rock, CO | 71,037 | 120 | 0.8x |
Parker, CO | 57,311 | 123 | 0.8x |
Littleton, CO | 45,465 | 118 | 0.8x |
Englewood, CO | 33,500 | 111 | 0.8x |
Lone Tree, CO | 13,701 | 145 | 1.0x |
The Pinery, CO | 9,847 | 139 | 1.0x |
Stonegate, CO | 9,822 | 123 | 0.8x |
Roxborough Park, CO | 8,861 | 128 | 0.9x |
Sheridan, CO | 6,090 | 102 | 0.7x |