Cost of living in Gleneagle 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 Gleneagle 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 Gleneagle is 120, with 100 being the average.
The cost of living index in Gleneagle is 1.2x higher than the national average.
Gleneagle ranks as the #75 cheapest in Colorado out of 111.
Gleneagle ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in Gleneagle is $423,700.
The median income in Gleneagle is $127,083.
According to the most recent data on the cost of living, Gleneagle has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Colorado, Gleneagle has a cost of living index that's 1.2x higher than Colorado's index of 104.
The standard of living in Gleneagle ranks as #75 most affordable out of the 111 places we measured in Colorado. By definition, that implies Gleneagle ranks as the #36 most expensive place in the Centennial State.
For more reading on life in Gleneagle, check out:
Six factors go into calculating the cost of living index in Gleneagle. Here is how it fairs on each of the criteria:
The Services index in Gleneagle is 104.
The Groceries index in Gleneagle is 99.
The Health index in Gleneagle is 105.
The Housing index in Gleneagle is 163.
The Transportation index in Gleneagle is 108.
The Utilities index in Gleneagle is 100.
Living Expense | Gleneagle | Colorado | National Average | |
---|---|---|---|---|
Overall | 120 | 104 | 100 | |
Services | 104 | 102 | 100 | |
Groceries | 99 | 99 | 100 | |
Health | 105 | 100 | 100 | |
Housing | 163 | 116 | 100 | |
Transportation | 108 | 104 | 100 | |
Utilities | 100 | 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 Gleneagle is $423,700.
The Median Rent in Gleneagle is $1,703.
The Median Income in Gleneagle is $127,083.
The Home Value To Income in Gleneagle is 3.3x.
The Rent To Monthly Income in Gleneagle is 0.16x.
Statistic | Gleneagle | Colorado | United States |
---|---|---|---|
Median Home Value | $423,700 | $397,500 | $244,900 |
Median Rent | $1,703 | $1,437 | $1,163 |
Median Income | $127,083 | $80,184 | $69,021 |
Home Value To Income | 3.3x | 5.0x | 3.5x |
Rent To Monthly Income | 0.16x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Gleneagle. Here's a quick look at the cost of living in the most populous nearby places:
Colorado Springs, CO has a cost of living index of 107, 0.9x Gleneagle.
Cimarron Hills, CO has a cost of living index of 99, 0.8x Gleneagle.
Black Forest, CO has a cost of living index of 142, 1.2x Gleneagle.
City | Population | Cost Of Living | Vs. Gleneagle |
---|---|---|---|
Colorado Springs, CO | 475,282 | 107 | 0.9x |
Cimarron Hills, CO | 18,619 | 99 | 0.8x |
Black Forest, CO | 14,375 | 142 | 1.2x |
Monument, CO | 10,026 | 125 | 1.0x |
Woodmoor, CO | 8,840 | 130 | 1.1x |
Woodland Park, CO | 7,854 | 113 | 0.9x |
Stratmoor, CO | 6,515 | 97 | 0.8x |
Air Force Academy, CO | 6,170 | 121 | 1.0x |