Cost of living in Milliken 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 Milliken 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 Milliken is 102, with 100 being the average.
The cost of living index in Milliken is 1.0x higher than the national average.
Milliken ranks as the #31 cheapest in Colorado out of 111.
Milliken ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Milliken is $336,000.
The median income in Milliken is $73,198.
According to the most recent data on the cost of living, Milliken has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Colorado, Milliken has a cost of living index that's 1.0x lower than Colorado's index of 104.
The standard of living in Milliken ranks as #31 most affordable out of the 111 places we measured in Colorado. By definition, that implies Milliken ranks as the #80 most expensive place in the Centennial State.
For more reading on life in Milliken, check out:
Six factors go into calculating the cost of living index in Milliken. Here is how it fairs on each of the criteria:
The Services index in Milliken is 101.
The Groceries index in Milliken is 91.
The Health index in Milliken is 98.
The Housing index in Milliken is 118.
The Transportation index in Milliken is 108.
The Utilities index in Milliken is 81.
Living Expense | Milliken | Colorado | National Average | |
---|---|---|---|---|
Overall | 102 | 104 | 100 | |
Services | 101 | 102 | 100 | |
Groceries | 91 | 99 | 100 | |
Health | 98 | 100 | 100 | |
Housing | 118 | 116 | 100 | |
Transportation | 108 | 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 Milliken is $336,000.
The Median Rent in Milliken is $1,142.
The Median Income in Milliken is $73,198.
The Home Value To Income in Milliken is 4.6x.
The Rent To Monthly Income in Milliken is 0.19x.
Statistic | Milliken | Colorado | United States |
---|---|---|---|
Median Home Value | $336,000 | $397,500 | $244,900 |
Median Rent | $1,142 | $1,437 | $1,163 |
Median Income | $73,198 | $80,184 | $69,021 |
Home Value To Income | 4.6x | 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 Milliken. 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, 1.1x Milliken.
Greeley, CO has a cost of living index of 98, 1.0x Milliken.
Longmont, CO has a cost of living index of 110, 1.1x Milliken.
City | Population | Cost Of Living | Vs. Milliken |
---|---|---|---|
Fort Collins, CO | 166,788 | 113 | 1.1x |
Greeley, CO | 107,014 | 98 | 1.0x |
Longmont, CO | 98,789 | 110 | 1.1x |
Loveland, CO | 75,938 | 106 | 1.0x |
Windsor, CO | 31,972 | 115 | 1.1x |
Evans, CO | 21,727 | 99 | 1.0x |
Firestone, CO | 15,949 | 111 | 1.1x |
Frederick, CO | 14,127 | 110 | 1.1x |
Berthoud, CO | 10,188 | 106 | 1.0x |
Johnstown, NY | 8,247 | 95 | 0.9x |