Cost of living in Firestone 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 Firestone 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 Firestone is 111, with 100 being the average.
The cost of living index in Firestone is 1.1x higher than the national average.
Firestone ranks as the #58 cheapest in Colorado out of 111.
Firestone ranks as the #4,219 cheapest out of 6,412 in the US.
The median home value in Firestone is $399,900.
The median income in Firestone is $102,165.
According to the most recent data on the cost of living, Firestone has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Colorado, Firestone has a cost of living index that's 1.1x higher than Colorado's index of 104.
The standard of living in Firestone ranks as #58 most affordable out of the 111 places we measured in Colorado. By definition, that implies Firestone ranks as the #53 most expensive place in the Centennial State.
For more reading on life in Firestone, check out:
Six factors go into calculating the cost of living index in Firestone. Here is how it fairs on each of the criteria:
The Services index in Firestone is 102.
The Groceries index in Firestone is 92.
The Health index in Firestone is 100.
The Housing index in Firestone is 143.
The Transportation index in Firestone is 106.
The Utilities index in Firestone is 77.
Living Expense | Firestone | Colorado | National Average | |
---|---|---|---|---|
Overall | 111 | 104 | 100 | |
Services | 102 | 102 | 100 | |
Groceries | 92 | 99 | 100 | |
Health | 100 | 100 | 100 | |
Housing | 143 | 116 | 100 | |
Transportation | 106 | 104 | 100 | |
Utilities | 77 | 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 Firestone is $399,900.
The Median Rent in Firestone is $1,782.
The Median Income in Firestone is $102,165.
The Home Value To Income in Firestone is 3.9x.
The Rent To Monthly Income in Firestone is 0.21x.
Statistic | Firestone | Colorado | United States |
---|---|---|---|
Median Home Value | $399,900 | $397,500 | $244,900 |
Median Rent | $1,782 | $1,437 | $1,163 |
Median Income | $102,165 | $80,184 | $69,021 |
Home Value To Income | 3.9x | 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 Firestone. Here's a quick look at the cost of living in the most populous nearby places:
Westminster, CO has a cost of living index of 106, 1.0x Firestone.
Longmont, CO has a cost of living index of 110, 1.0x Firestone.
Loveland, CO has a cost of living index of 106, 1.0x Firestone.
City | Population | Cost Of Living | Vs. Firestone |
---|---|---|---|
Westminster, CO | 115,535 | 106 | 1.0x |
Longmont, CO | 98,789 | 110 | 1.0x |
Loveland, CO | 75,938 | 106 | 1.0x |
Brighton, CO | 39,895 | 103 | 0.9x |
Northglenn, CO | 37,899 | 103 | 0.9x |
Erie, CO | 29,367 | 127 | 1.1x |
Evans, CO | 21,727 | 99 | 0.9x |
Frederick, CO | 14,127 | 110 | 1.0x |
Federal Heights, CO | 14,111 | 80 | 0.7x |
Berthoud, CO | 10,188 | 106 | 1.0x |