Cost of living in Castle Rock 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 Rock 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 Rock is 120, with 100 being the average.
The cost of living index in Castle Rock is 1.2x higher than the national average.
Castle Rock ranks as the #75 cheapest in Colorado out of 111.
Castle Rock ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in Castle Rock is $472,800.
The median income in Castle Rock is $121,388.
According to the most recent data on the cost of living, Castle Rock has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Colorado, Castle Rock has a cost of living index that's 1.2x higher than Colorado's index of 104.
The standard of living in Castle Rock ranks as #75 most affordable out of the 111 places we measured in Colorado. By definition, that implies Castle Rock ranks as the #36 most expensive place in the Centennial State.
For more reading on life in Castle Rock, check out:
Six factors go into calculating the cost of living index in Castle Rock. Here is how it fairs on each of the criteria:
The Services index in Castle Rock is 113.
The Groceries index in Castle Rock is 95.
The Health index in Castle Rock is 98.
The Housing index in Castle Rock is 164.
The Transportation index in Castle Rock is 115.
The Utilities index in Castle Rock is 78.
Living Expense | Castle Rock | Colorado | National Average | |
---|---|---|---|---|
Overall | 120 | 104 | 100 | |
Services | 113 | 102 | 100 | |
Groceries | 95 | 99 | 100 | |
Health | 98 | 100 | 100 | |
Housing | 164 | 116 | 100 | |
Transportation | 115 | 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 Rock is $472,800.
The Median Rent in Castle Rock is $1,740.
The Median Income in Castle Rock is $121,388.
The Home Value To Income in Castle Rock is 3.9x.
The Rent To Monthly Income in Castle Rock is 0.17x.
Statistic | Castle Rock | Colorado | United States |
---|---|---|---|
Median Home Value | $472,800 | $397,500 | $244,900 |
Median Rent | $1,740 | $1,437 | $1,163 |
Median Income | $121,388 | $80,184 | $69,021 |
Home Value To Income | 3.9x | 5.0x | 3.5x |
Rent To Monthly Income | 0.17x | 0.22x | 0.2x |
Item | Castle Rock | 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 Rock | 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 Rock | Colorado |
---|---|---|
Optometrist | $104.86 | $108.57 |
Doctor | $111.77 | $116.17 |
Dentist | $105.51 | $99.13 |
Item | Castle Rock | Colorado |
---|---|---|
Gasoline | $2.49 | $2.22 |
Tire Balancing | $57.16 | $50.07 |
Item | Castle Rock | Colorado |
---|---|---|
All Electricity | $105.51 | $167.67 |
Phone | $186.48 | $175.64 |
The cost of living varies in the cities and towns around Castle Rock. Here's a quick look at the cost of living in the most populous nearby places:
Centennial, CO has a cost of living index of 126, 1.1x Castle Rock.
Parker, CO has a cost of living index of 123, 1.0x Castle Rock.
Littleton, CO has a cost of living index of 118, 1.0x Castle Rock.
City | Population | Cost Of Living | Vs. Castle Rock |
---|---|---|---|
Centennial, CO | 107,972 | 126 | 1.1x |
Parker, CO | 57,311 | 123 | 1.0x |
Littleton, CO | 45,465 | 118 | 1.0x |
Lone Tree, CO | 13,701 | 145 | 1.2x |
Cherry Creek, CO | 11,389 | 143 | 1.2x |
Castle Pines, CO | 11,296 | 145 | 1.2x |
The Pinery, CO | 9,847 | 139 | 1.2x |
Roxborough Park, CO | 8,861 | 128 | 1.1x |
Woodmoor, CO | 8,840 | 130 | 1.1x |