Cost of living in Greeley 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 Greeley 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 Greeley is 98, with 100 being the average.
The cost of living index in Greeley is 1.0x lower than the national average.
Greeley ranks as the #19 cheapest in Colorado out of 111.
Greeley ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Greeley is $296,300.
The median income in Greeley is $60,601.
According to the most recent data on the cost of living, Greeley has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Colorado, Greeley has a cost of living index that's 0.9x lower than Colorado's index of 104.
The standard of living in Greeley ranks as #19 most affordable out of the 111 places we measured in Colorado. By definition, that implies Greeley ranks as the #92 most expensive place in the Centennial State.
For more reading on life in Greeley, check out:
Six factors go into calculating the cost of living index in Greeley. Here is how it fairs on each of the criteria:
The Services index in Greeley is 102.
The Groceries index in Greeley is 88.
The Health index in Greeley is 97.
The Housing index in Greeley is 97.
The Transportation index in Greeley is 105.
The Utilities index in Greeley is 81.
Living Expense | Greeley | Colorado | National Average | |
---|---|---|---|---|
Overall | 98 | 104 | 100 | |
Services | 102 | 102 | 100 | |
Groceries | 88 | 99 | 100 | |
Health | 97 | 100 | 100 | |
Housing | 97 | 116 | 100 | |
Transportation | 105 | 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 Greeley is $296,300.
The Median Rent in Greeley is $1,134.
The Median Income in Greeley is $60,601.
The Home Value To Income in Greeley is 4.9x.
The Rent To Monthly Income in Greeley is 0.22x.
Statistic | Greeley | Colorado | United States |
---|---|---|---|
Median Home Value | $296,300 | $397,500 | $244,900 |
Median Rent | $1,134 | $1,437 | $1,163 |
Median Income | $60,601 | $80,184 | $69,021 |
Home Value To Income | 4.9x | 5.0x | 3.5x |
Rent To Monthly Income | 0.22x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Greeley. Here's a quick look at the cost of living in the most populous nearby places:
Fort Collins, CO has a cost of living index of 113, 1.2x Greeley.
Loveland, CO has a cost of living index of 106, 1.1x Greeley.
Windsor, CO has a cost of living index of 115, 1.2x Greeley.
City | Population | Cost Of Living | Vs. Greeley |
---|---|---|---|
Fort Collins, CO | 166,788 | 113 | 1.2x |
Loveland, CO | 75,938 | 106 | 1.1x |
Windsor, CO | 31,972 | 115 | 1.2x |
Evans, CO | 21,727 | 99 | 1.0x |
Berthoud, CO | 10,188 | 106 | 1.1x |
Johnstown, NY | 8,247 | 95 | 1.0x |
Milliken, CO | 8,122 | 102 | 1.0x |
Severance, CO | 7,691 | 110 | 1.1x |
Eaton, CO | 5,648 | 105 | 1.1x |