Cost of living in Lone Tree 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 Lone Tree 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 Lone Tree is 145, with 100 being the average.
The cost of living index in Lone Tree is 1.4x higher than the national average.
Lone Tree ranks as the #106 cheapest in Colorado out of 111.
Lone Tree ranks as the #5,721 cheapest out of 6,412 in the US.
The median home value in Lone Tree is $691,300.
The median income in Lone Tree is $113,653.
According to the most recent data on the cost of living, Lone Tree has an overall cost of living index of 145, which is 1.4x higher than the national index of 100.
Compared to Colorado, Lone Tree has a cost of living index that's 1.4x higher than Colorado's index of 104.
The standard of living in Lone Tree ranks as #106 most affordable out of the 111 places we measured in Colorado. By definition, that implies Lone Tree ranks as the #5 most expensive place in the Centennial State.
For more reading on life in Lone Tree, check out:
Six factors go into calculating the cost of living index in Lone Tree. Here is how it fairs on each of the criteria:
The Services index in Lone Tree is 113.
The Groceries index in Lone Tree is 97.
The Health index in Lone Tree is 101.
The Housing index in Lone Tree is 244.
The Transportation index in Lone Tree is 114.
The Utilities index in Lone Tree is 78.
Living Expense | Lone Tree | Colorado | National Average | |
---|---|---|---|---|
Overall | 145 | 104 | 100 | |
Services | 113 | 102 | 100 | |
Groceries | 97 | 99 | 100 | |
Health | 101 | 100 | 100 | |
Housing | 244 | 116 | 100 | |
Transportation | 114 | 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 Lone Tree is $691,300.
The Median Rent in Lone Tree is $1,801.
The Median Income in Lone Tree is $113,653.
The Home Value To Income in Lone Tree is 6.1x.
The Rent To Monthly Income in Lone Tree is 0.19x.
Statistic | Lone Tree | Colorado | United States |
---|---|---|---|
Median Home Value | $691,300 | $397,500 | $244,900 |
Median Rent | $1,801 | $1,437 | $1,163 |
Median Income | $113,653 | $80,184 | $69,021 |
Home Value To Income | 6.1x | 5.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Lone Tree. 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, 0.8x Lone Tree.
Aurora, CO has a cost of living index of 108, 0.7x Lone Tree.
Lakewood, CO has a cost of living index of 115, 0.8x Lone Tree.
City | Population | Cost Of Living | Vs. Lone Tree |
---|---|---|---|
Denver, CO | 706,799 | 116 | 0.8x |
Aurora, CO | 383,496 | 108 | 0.7x |
Lakewood, CO | 155,608 | 115 | 0.8x |
Centennial, CO | 107,972 | 126 | 0.9x |
Highlands Ranch, CO | 103,238 | 133 | 0.9x |
Castle Rock, CO | 71,037 | 120 | 0.8x |
Littleton, CO | 45,465 | 118 | 0.8x |
Englewood, CO | 33,500 | 111 | 0.8x |
Cherry Creek, CO | 11,389 | 143 | 1.0x |
Castle Pines, CO | 11,296 | 145 | 1.0x |