Longmont, CO Cost Of Living
Cost Of Living In Longmont, CO Summary
Cost of living in Longmont 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 Longmont 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 Longmont is 110, with 100 being the average.
The cost of living index in Longmont is 1.1x higher than the national average.
Longmont ranks as the #54 cheapest in Colorado out of 111.
Longmont ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in Longmont is $423,300.
The median income in Longmont is $83,104.
Table Of Contents
Longmont's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Longmont, CO?
According to the most recent data on the cost of living, Longmont has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Colorado, Longmont has a cost of living index that's 1.1x higher than Colorado's index of 104.
The standard of living in Longmont ranks as #54 most affordable out of the 111 places we measured in Colorado. By definition, that implies Longmont ranks as the #57 most expensive place in the Centennial State.
For more reading on life in Longmont, check out:
- Living In Longmont
- Longmont Crime Report
- Search Homes For Sale In Longmont, CO
In Colorado
In America
Longmont Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Longmont. Here is how it fairs on each of the criteria:
The Services index in Longmont is 105.
The Groceries index in Longmont is 92.
The Health index in Longmont is 99.
The Housing index in Longmont is 136.
The Transportation index in Longmont is 109.
The Utilities index in Longmont is 80.
| Living Expense | Longmont | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 110 | 104 | 100 | |
| Services | 105 | 102 | 100 | |
| Groceries | 92 | 99 | 100 | |
| Health | 99 | 100 | 100 | |
| Housing | 136 | 116 | 100 | |
| Transportation | 109 | 104 | 100 | |
| Utilities | 80 | 90 | 100 | |
Longmont, CO Housing Cost Breakdown
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 Longmont is $423,300.
The Median Rent in Longmont is $1,538.
The Median Income in Longmont is $83,104.
The Home Value To Income in Longmont is 5.1x.
The Rent To Monthly Income in Longmont is 0.22x.
| Statistic | Longmont | Colorado | United States |
|---|---|---|---|
| Median Home Value | $423,300 | $397,500 | $244,900 |
| Median Rent | $1,538 | $1,437 | $1,163 |
| Median Income | $83,104 | $80,184 | $69,021 |
| Home Value To Income | 5.1x | 5.0x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Longmont, CO Costs By Category
Detailed Longmont Services Costs Vs. Colorado
Detailed Longmont Groceries Costs Vs. Colorado
Detailed Longmont Health Costs Vs. Colorado
Detailed Longmont Transportation Costs Vs. Colorado
Detailed Longmont Utilities Costs Vs. Colorado
Longmont SnackAbility
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Cost Of Living In Cities Around Longmont
The cost of living varies in the cities and towns around Longmont. Here's a quick look at the cost of living in the most populous nearby places:
Thornton, CO has a cost of living index of 106, 1.0x Longmont.
Westminster, CO has a cost of living index of 106, 1.0x Longmont.
Loveland, CO has a cost of living index of 106, 1.0x Longmont.
| City | Population | Cost Of Living | Vs. Longmont |
|---|---|---|---|
| Thornton, CO | 140,538 | 106 | 1.0x |
| Westminster, CO | 115,535 | 106 | 1.0x |
| Loveland, CO | 75,938 | 106 | 1.0x |
| Northglenn, CO | 37,899 | 103 | 0.9x |
| Erie, CO | 29,367 | 127 | 1.2x |
| Firestone, CO | 15,949 | 111 | 1.0x |
| Frederick, CO | 14,127 | 110 | 1.0x |
| Gunbarrel, CO | 10,199 | 130 | 1.2x |
| Berthoud, CO | 10,188 | 106 | 1.0x |
| Milliken, CO | 8,122 | 102 | 0.9x |
