Cost of living in Stratmoor 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 Stratmoor 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 Stratmoor is 97, with 100 being the average.
The cost of living index in Stratmoor is 1.0x lower than the national average.
Stratmoor ranks as the #16 cheapest in Colorado out of 111.
Stratmoor ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Stratmoor is $208,200.
The median income in Stratmoor is $57,610.
According to the most recent data on the cost of living, Stratmoor has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Colorado, Stratmoor has a cost of living index that's 0.9x lower than Colorado's index of 104.
The standard of living in Stratmoor ranks as #16 most affordable out of the 111 places we measured in Colorado. By definition, that implies Stratmoor ranks as the #95 most expensive place in the Centennial State.
For more reading on life in Stratmoor, check out:
Six factors go into calculating the cost of living index in Stratmoor. Here is how it fairs on each of the criteria:
The Services index in Stratmoor is 101.
The Groceries index in Stratmoor is 99.
The Health index in Stratmoor is 103.
The Housing index in Stratmoor is 84.
The Transportation index in Stratmoor is 108.
The Utilities index in Stratmoor is 100.
Living Expense | Stratmoor | Colorado | National Average | |
---|---|---|---|---|
Overall | 97 | 104 | 100 | |
Services | 101 | 102 | 100 | |
Groceries | 99 | 99 | 100 | |
Health | 103 | 100 | 100 | |
Housing | 84 | 116 | 100 | |
Transportation | 108 | 104 | 100 | |
Utilities | 100 | 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 Stratmoor is $208,200.
The Median Rent in Stratmoor is $1,069.
The Median Income in Stratmoor is $57,610.
The Home Value To Income in Stratmoor is 3.6x.
The Rent To Monthly Income in Stratmoor is 0.22x.
Statistic | Stratmoor | Colorado | United States |
---|---|---|---|
Median Home Value | $208,200 | $397,500 | $244,900 |
Median Rent | $1,069 | $1,437 | $1,163 |
Median Income | $57,610 | $80,184 | $69,021 |
Home Value To Income | 3.6x | 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 Stratmoor. Here's a quick look at the cost of living in the most populous nearby places:
Colorado Springs, CO has a cost of living index of 107, 1.1x Stratmoor.
Security-Widefield, CO has a cost of living index of 104, 1.1x Stratmoor.
Fountain, CO has a cost of living index of 105, 1.1x Stratmoor.
City | Population | Cost Of Living | Vs. Stratmoor |
---|---|---|---|
Colorado Springs, CO | 475,282 | 107 | 1.1x |
Security-Widefield, CO | 40,158 | 104 | 1.1x |
Fountain, CO | 29,495 | 105 | 1.1x |
Cimarron Hills, CO | 18,619 | 99 | 1.0x |
Fort Carson, CO | 16,743 | 117 | 1.2x |
Gleneagle, CO | 6,259 | 120 | 1.2x |
Air Force Academy, CO | 6,170 | 121 | 1.2x |