Cost of living in Federal Heights 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 Federal Heights 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 Federal Heights is 80, with 100 being the average.
The cost of living index in Federal Heights is 0.8x lower than the national average.
Federal Heights ranks as the #1 cheapest in Colorado out of 111.
Federal Heights ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Federal Heights is $74,600.
The median income in Federal Heights is $51,078.
According to the most recent data on the cost of living, Federal Heights has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Colorado, Federal Heights has a cost of living index that's 0.8x lower than Colorado's index of 104.
The standard of living in Federal Heights ranks as #1 most affordable out of the 111 places we measured in Colorado. By definition, that implies Federal Heights ranks as the #110 most expensive place in the Centennial State.
For more reading on life in Federal Heights, check out:
Six factors go into calculating the cost of living index in Federal Heights. Here is how it fairs on each of the criteria:
The Services index in Federal Heights is 102.
The Groceries index in Federal Heights is 92.
The Health index in Federal Heights is 96.
The Housing index in Federal Heights is 48.
The Transportation index in Federal Heights is 108.
The Utilities index in Federal Heights is 80.
Living Expense | Federal Heights | Colorado | National Average | |
---|---|---|---|---|
Overall | 80 | 104 | 100 | |
Services | 102 | 102 | 100 | |
Groceries | 92 | 99 | 100 | |
Health | 96 | 100 | 100 | |
Housing | 48 | 116 | 100 | |
Transportation | 108 | 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 Federal Heights is $74,600.
The Median Rent in Federal Heights is $1,388.
The Median Income in Federal Heights is $51,078.
The Home Value To Income in Federal Heights is 1.5x.
The Rent To Monthly Income in Federal Heights is 0.33x.
Statistic | Federal Heights | Colorado | United States |
---|---|---|---|
Median Home Value | $74,600 | $397,500 | $244,900 |
Median Rent | $1,388 | $1,437 | $1,163 |
Median Income | $51,078 | $80,184 | $69,021 |
Home Value To Income | 1.5x | 5.0x | 3.5x |
Rent To Monthly Income | 0.33x | 0.22x | 0.2x |
Item | Federal Heights | Colorado |
---|---|---|
Shampoo | $0.88 | $1.06 |
Movie | $13.19 | $10.68 |
Bowling | $20.67 | $14.67 |
Haircut | $24.05 | $18.62 |
Beauty Salon | $35.0 | $39.05 |
Item | Federal Heights | Colorado |
---|---|---|
Ground Beef | $4.62 | $4.22 |
Fried Chicken | $1.15 | $1.39 |
Milk | $1.78 | $2.05 |
Potatoes | $3.04 | $3.29 |
Pizza | $11.32 | $10.62 |
Beer | $8.96 | $9.38 |
Toothpaste | $2.11 | $2.34 |
Item | Federal Heights | Colorado |
---|---|---|
Optometrist | $99.83 | $108.57 |
Doctor | $117.67 | $116.17 |
Dentist | $92.83 | $99.13 |
Item | Federal Heights | Colorado |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $59.83 | $50.07 |
Item | Federal Heights | Colorado |
---|---|---|
All Electricity | $103.99 | $167.67 |
Phone | $187.21 | $175.64 |
The cost of living varies in the cities and towns around Federal Heights. 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, 1.4x Federal Heights.
Thornton, CO has a cost of living index of 106, 1.3x Federal Heights.
Westminster, CO has a cost of living index of 106, 1.3x Federal Heights.
City | Population | Cost Of Living | Vs. Federal Heights |
---|---|---|---|
Denver, CO | 706,799 | 116 | 1.4x |
Thornton, CO | 140,538 | 106 | 1.3x |
Westminster, CO | 115,535 | 106 | 1.3x |
Brighton, CO | 39,895 | 103 | 1.3x |
Northglenn, CO | 37,899 | 103 | 1.3x |
Englewood, CO | 33,500 | 111 | 1.4x |
Sherrelwood, CO | 20,069 | 98 | 1.2x |
Welby, CO | 16,260 | 97 | 1.2x |
Firestone, CO | 15,949 | 111 | 1.4x |
Berkley, CO | 10,920 | 99 | 1.2x |