Derby, CO Cost Of Living
Cost Of Living In Derby, CO Summary
Cost of living in Derby 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 Derby 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 Derby is 93, with 100 being the average.
The cost of living index in Derby is 0.9x lower than the national average.
Derby ranks as the #10 cheapest in Colorado out of 111.
Derby ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Derby is $252,400.
The median income in Derby is $67,729.
Table Of Contents
Derby's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Derby, CO?
According to the most recent data on the cost of living, Derby has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Colorado, Derby has a cost of living index that's 0.9x lower than Colorado's index of 104.
The standard of living in Derby ranks as #10 most affordable out of the 111 places we measured in Colorado. By definition, that implies Derby ranks as the #101 most expensive place in the Centennial State.
For more reading on life in Derby, check out:
- Living In Derby
- Search Homes For Sale In Derby, CO
In Colorado
In America
Derby Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Derby. Here is how it fairs on each of the criteria:
The Services index in Derby is 103.
The Groceries index in Derby is 91.
The Health index in Derby is 97.
The Housing index in Derby is 79.
The Transportation index in Derby is 109.
The Utilities index in Derby is 80.
| Living Expense | Derby | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 93 | 104 | 100 | |
| Services | 103 | 102 | 100 | |
| Groceries | 91 | 99 | 100 | |
| Health | 97 | 100 | 100 | |
| Housing | 79 | 116 | 100 | |
| Transportation | 109 | 104 | 100 | |
| Utilities | 80 | 90 | 100 | |
Derby, CO Housing Cost Breakdown
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 Derby is $252,400.
The Median Rent in Derby is $1,386.
The Median Income in Derby is $67,729.
The Home Value To Income in Derby is 3.7x.
The Rent To Monthly Income in Derby is 0.25x.
| Statistic | Derby | Colorado | United States |
|---|---|---|---|
| Median Home Value | $252,400 | $397,500 | $244,900 |
| Median Rent | $1,386 | $1,437 | $1,163 |
| Median Income | $67,729 | $80,184 | $69,021 |
| Home Value To Income | 3.7x | 5.0x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Derby, CO Costs By Category
Detailed Derby Services Costs Vs. Colorado
Detailed Derby Groceries Costs Vs. Colorado
Detailed Derby Health Costs Vs. Colorado
Detailed Derby Transportation Costs Vs. Colorado
Detailed Derby Utilities Costs Vs. Colorado
Derby SnackAbility
/10
Cost Of Living In Cities Around Derby
The cost of living varies in the cities and towns around Derby. Here's a quick look at the cost of living in the most populous nearby places:
Denver, CO has a cost of living index of 116, 1.2x Derby.
Aurora, CO has a cost of living index of 108, 1.2x Derby.
Thornton, CO has a cost of living index of 106, 1.1x Derby.
| City | Population | Cost Of Living | Vs. Derby |
|---|---|---|---|
| Denver, CO | 706,799 | 116 | 1.2x |
| Aurora, CO | 383,496 | 108 | 1.2x |
| Thornton, CO | 140,538 | 106 | 1.1x |
| Northglenn, CO | 37,899 | 103 | 1.1x |
| Englewood, CO | 33,500 | 111 | 1.2x |
| Sherrelwood, CO | 20,069 | 98 | 1.1x |
| Welby, CO | 16,260 | 97 | 1.0x |
| Federal Heights, CO | 14,111 | 80 | 0.9x |
| Berkley, CO | 10,920 | 99 | 1.1x |
| Fort Lupton, CO | 7,947 | 96 | 1.0x |
