Cost of living in Commerce City 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 Commerce City 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 Commerce City is 110, with 100 being the average.
The cost of living index in Commerce City is 1.1x higher than the national average.
Commerce City ranks as the #54 cheapest in Colorado out of 111.
Commerce City ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in Commerce City is $364,600.
The median income in Commerce City is $87,354.
According to the most recent data on the cost of living, Commerce City has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Colorado, Commerce City has a cost of living index that's 1.1x higher than Colorado's index of 104.
The standard of living in Commerce City ranks as #54 most affordable out of the 111 places we measured in Colorado. By definition, that implies Commerce City ranks as the #57 most expensive place in the Centennial State.
For more reading on life in Commerce City, check out:
Six factors go into calculating the cost of living index in Commerce City. Here is how it fairs on each of the criteria:
The Services index in Commerce City is 113.
The Groceries index in Commerce City is 97.
The Health index in Commerce City is 99.
The Housing index in Commerce City is 120.
The Transportation index in Commerce City is 112.
The Utilities index in Commerce City is 80.
Living Expense | Commerce City | Colorado | National Average | |
---|---|---|---|---|
Overall | 110 | 104 | 100 | |
Services | 113 | 102 | 100 | |
Groceries | 97 | 99 | 100 | |
Health | 99 | 100 | 100 | |
Housing | 120 | 116 | 100 | |
Transportation | 112 | 104 | 100 | |
Utilities | 80 | 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 Commerce City is $364,600.
The Median Rent in Commerce City is $1,496.
The Median Income in Commerce City is $87,354.
The Home Value To Income in Commerce City is 4.2x.
The Rent To Monthly Income in Commerce City is 0.21x.
Statistic | Commerce City | Colorado | United States |
---|---|---|---|
Median Home Value | $364,600 | $397,500 | $244,900 |
Median Rent | $1,496 | $1,437 | $1,163 |
Median Income | $87,354 | $80,184 | $69,021 |
Home Value To Income | 4.2x | 5.0x | 3.5x |
Rent To Monthly Income | 0.21x | 0.22x | 0.2x |
Item | Commerce City | 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 | Commerce City | 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 | Commerce City | Colorado |
---|---|---|
Optometrist | $104.86 | $108.57 |
Doctor | $111.77 | $116.17 |
Dentist | $105.51 | $99.13 |
Item | Commerce City | Colorado |
---|---|---|
Gasoline | $2.49 | $2.22 |
Tire Balancing | $57.16 | $50.07 |
Item | Commerce City | Colorado |
---|---|---|
All Electricity | $105.51 | $167.67 |
Phone | $186.48 | $175.64 |