Thornton, CO Cost Of Living
Cost Of Living In Thornton, CO Summary
Cost of living in Thornton 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 Thornton 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 Thornton is 106, with 100 being the average.
The cost of living index in Thornton is 1.1x higher than the national average.
Thornton ranks as the #44 cheapest in Colorado out of 111.
Thornton ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in Thornton is $376,900.
The median income in Thornton is $86,818.
Table Of Contents
Thornton's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Thornton, CO?
According to the most recent data on the cost of living, Thornton has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Colorado, Thornton has a cost of living index that's 1.0x higher than Colorado's index of 104.
The standard of living in Thornton ranks as #44 most affordable out of the 111 places we measured in Colorado. By definition, that implies Thornton ranks as the #67 most expensive place in the Centennial State.
For more reading on life in Thornton, check out:
- Living In Thornton
- Thornton Crime Report
- Search Homes For Sale In Thornton, CO
In Colorado
In America
Thornton Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Thornton. Here is how it fairs on each of the criteria:
The Services index in Thornton is 104.
The Groceries index in Thornton is 91.
The Health index in Thornton is 98.
The Housing index in Thornton is 126.
The Transportation index in Thornton is 109.
The Utilities index in Thornton is 77.
| Living Expense | Thornton | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 106 | 104 | 100 | |
| Services | 104 | 102 | 100 | |
| Groceries | 91 | 99 | 100 | |
| Health | 98 | 100 | 100 | |
| Housing | 126 | 116 | 100 | |
| Transportation | 109 | 104 | 100 | |
| Utilities | 77 | 90 | 100 | |
Thornton, 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 Thornton is $376,900.
The Median Rent in Thornton is $1,608.
The Median Income in Thornton is $86,818.
The Home Value To Income in Thornton is 4.3x.
The Rent To Monthly Income in Thornton is 0.22x.
| Statistic | Thornton | Colorado | United States |
|---|---|---|---|
| Median Home Value | $376,900 | $397,500 | $244,900 |
| Median Rent | $1,608 | $1,437 | $1,163 |
| Median Income | $86,818 | $80,184 | $69,021 |
| Home Value To Income | 4.3x | 5.0x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Thornton, CO Costs By Category
Detailed Thornton Services Costs Vs. Colorado
Detailed Thornton Groceries Costs Vs. Colorado
Detailed Thornton Health Costs Vs. Colorado
Detailed Thornton Transportation Costs Vs. Colorado
Detailed Thornton Utilities Costs Vs. Colorado
Thornton SnackAbility
/10
Cost Of Living In Cities Around Thornton
The cost of living varies in the cities and towns around Thornton. 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, 1.1x Thornton.
Westminster, CO has a cost of living index of 106, 1.0x Thornton.
Broomfield, CO has a cost of living index of 120, 1.1x Thornton.
| City | Population | Cost Of Living | Vs. Thornton |
|---|---|---|---|
| Denver, CO | 706,799 | 116 | 1.1x |
| Westminster, CO | 115,535 | 106 | 1.0x |
| Broomfield, CO | 72,697 | 120 | 1.1x |
| Northglenn, CO | 37,899 | 103 | 1.0x |
| Englewood, CO | 33,500 | 111 | 1.0x |
| Sherrelwood, CO | 20,069 | 98 | 0.9x |
| Welby, CO | 16,260 | 97 | 0.9x |
| Firestone, CO | 15,949 | 111 | 1.0x |
| Federal Heights, CO | 14,111 | 80 | 0.8x |
| Berkley, CO | 10,920 | 99 | 0.9x |
