Cost of living in Lochbuie 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 Lochbuie 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 Lochbuie is 100, with 100 being the average.
The cost of living index in Lochbuie is 1.0x lower than the national average.
Lochbuie ranks as the #27 cheapest in Colorado out of 111.
Lochbuie ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Lochbuie is $293,500.
The median income in Lochbuie is $76,240.
According to the most recent data on the cost of living, Lochbuie has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Colorado, Lochbuie has a cost of living index that's 1.0x lower than Colorado's index of 104.
The standard of living in Lochbuie ranks as #27 most affordable out of the 111 places we measured in Colorado. By definition, that implies Lochbuie ranks as the #84 most expensive place in the Centennial State.
For more reading on life in Lochbuie, check out:
Six factors go into calculating the cost of living index in Lochbuie. Here is how it fairs on each of the criteria:
The Services index in Lochbuie is 104.
The Groceries index in Lochbuie is 90.
The Health index in Lochbuie is 100.
The Housing index in Lochbuie is 108.
The Transportation index in Lochbuie is 107.
The Utilities index in Lochbuie is 78.
Living Expense | Lochbuie | Colorado | National Average | |
---|---|---|---|---|
Overall | 100 | 104 | 100 | |
Services | 104 | 102 | 100 | |
Groceries | 90 | 99 | 100 | |
Health | 100 | 100 | 100 | |
Housing | 108 | 116 | 100 | |
Transportation | 107 | 104 | 100 | |
Utilities | 78 | 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 Lochbuie is $293,500.
The Median Rent in Lochbuie is $1,159.
The Median Income in Lochbuie is $76,240.
The Home Value To Income in Lochbuie is 3.8x.
The Rent To Monthly Income in Lochbuie is 0.18x.
Statistic | Lochbuie | Colorado | United States |
---|---|---|---|
Median Home Value | $293,500 | $397,500 | $244,900 |
Median Rent | $1,159 | $1,437 | $1,163 |
Median Income | $76,240 | $80,184 | $69,021 |
Home Value To Income | 3.8x | 5.0x | 3.5x |
Rent To Monthly Income | 0.18x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Lochbuie. 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 Lochbuie.
Thornton, CO has a cost of living index of 106, 1.1x Lochbuie.
Brighton, CO has a cost of living index of 103, 1.0x Lochbuie.
City | Population | Cost Of Living | Vs. Lochbuie |
---|---|---|---|
Denver, CO | 706,799 | 116 | 1.2x |
Thornton, CO | 140,538 | 106 | 1.1x |
Brighton, CO | 39,895 | 103 | 1.0x |
Northglenn, CO | 37,899 | 103 | 1.0x |
Sherrelwood, CO | 20,069 | 98 | 1.0x |
Welby, CO | 16,260 | 97 | 1.0x |
Firestone, CO | 15,949 | 111 | 1.1x |
Frederick, CO | 14,127 | 110 | 1.1x |
Federal Heights, CO | 14,111 | 80 | 0.8x |
Fort Lupton, CO | 7,947 | 96 | 1.0x |