Cost of living in Dacono 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 Dacono 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 Dacono is 96, with 100 being the average.
The cost of living index in Dacono is 1.0x lower than the national average.
Dacono ranks as the #14 cheapest in Colorado out of 111.
Dacono ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Dacono is $347,500.
The median income in Dacono is $85,518.
According to the most recent data on the cost of living, Dacono has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Colorado, Dacono has a cost of living index that's 0.9x lower than Colorado's index of 104.
The standard of living in Dacono ranks as #14 most affordable out of the 111 places we measured in Colorado. By definition, that implies Dacono ranks as the #97 most expensive place in the Centennial State.
For more reading on life in Dacono, check out:
Six factors go into calculating the cost of living index in Dacono. Here is how it fairs on each of the criteria:
The Services index in Dacono is 101.
The Groceries index in Dacono is 90.
The Health index in Dacono is 97.
The Housing index in Dacono is 101.
The Transportation index in Dacono is 107.
The Utilities index in Dacono is 81.
Living Expense | Dacono | Colorado | National Average | |
---|---|---|---|---|
Overall | 96 | 104 | 100 | |
Services | 101 | 102 | 100 | |
Groceries | 90 | 99 | 100 | |
Health | 97 | 100 | 100 | |
Housing | 101 | 116 | 100 | |
Transportation | 107 | 104 | 100 | |
Utilities | 81 | 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 Dacono is $347,500.
The Median Rent in Dacono is $1,505.
The Median Income in Dacono is $85,518.
The Home Value To Income in Dacono is 4.1x.
The Rent To Monthly Income in Dacono is 0.21x.
Statistic | Dacono | Colorado | United States |
---|---|---|---|
Median Home Value | $347,500 | $397,500 | $244,900 |
Median Rent | $1,505 | $1,437 | $1,163 |
Median Income | $85,518 | $80,184 | $69,021 |
Home Value To Income | 4.1x | 5.0x | 3.5x |
Rent To Monthly Income | 0.21x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Dacono. Here's a quick look at the cost of living in the most populous nearby places:
Thornton, CO has a cost of living index of 106, 1.1x Dacono.
Broomfield, CO has a cost of living index of 120, 1.2x Dacono.
Brighton, CO has a cost of living index of 103, 1.1x Dacono.
City | Population | Cost Of Living | Vs. Dacono |
---|---|---|---|
Thornton, CO | 140,538 | 106 | 1.1x |
Broomfield, CO | 72,697 | 120 | 1.2x |
Brighton, CO | 39,895 | 103 | 1.1x |
Northglenn, CO | 37,899 | 103 | 1.1x |
Lafayette, CO | 30,307 | 118 | 1.2x |
Erie, CO | 29,367 | 127 | 1.3x |
Sherrelwood, CO | 20,069 | 98 | 1.0x |
Welby, CO | 16,260 | 97 | 1.0x |
Firestone, CO | 15,949 | 111 | 1.2x |
Frederick, CO | 14,127 | 110 | 1.1x |