What is the cost of living in Centennial, CO?
According to the most recent data on the cost of living, Centennial has an overall cost of living index of 145, which is 1.4x higher than the national index of 100.
Compared to Colorado, Centennial has a cost of living index that's 1.3x higher than Colorado's index of 114.
The standard of living in Centennial ranks as #83 most affordable out of the 111 places we measured in Colorado. By definition, that implies Centennial ranks as the #28 most expensive place in the Centennial State.
For more reading on life in Centennial, check out:
Centennial Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Centennial. Here is how it fares on each of the criteria:
The Services index in Centennial is 108.
The Groceries index in Centennial is 107.
The Health index in Centennial is 232.
The Housing index in Centennial is 107.
The Transportation index in Centennial is 106.
The Utilities index in Centennial is 108.
| Living Expense | Centennial | Colorado | National Average |
|---|---|---|---|
| Overall | 145 | 114 | 100 |
| Services | 108 | 104 | 100 |
| Groceries | 107 | 107 | 100 |
| Health | 232 | 135 | 100 |
| Housing | 107 | 104 | 100 |
| Transportation | 106 | 107 | 100 |
| Utilities | 108 | 107 | 100 |
Centennial Cost Of Living Compared To Colorado Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Colorado, check out:
Protect your home budget Compare home warranties in Centennial Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Centennial, 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 2020-2024. The key points are:
The Median Home Value in Centennial is $649,085.
The Median Rent in Centennial is $2,148.
The Median Income in Centennial is $131,928.
The Home Value To Income in Centennial is 4.9x.
The Rent To Monthly Income in Centennial is 0.2x.
| Statistic | Centennial | Colorado | United States |
|---|---|---|---|
| Median Home Value | $649,085 | $541,842 | $332,700 |
| Median Rent | $2,148 | $1,761 | $1,413 |
| Median Income | $131,928 | $95,470 | $80,734 |
| Home Value To Income | 4.9x | 5.7x | 4.1x |
| Rent To Monthly Income | 0.2x | 0.22x | 0.21x |
Centennial, CO Costs By Category
Detailed Centennial Services costs vs. Colorado
| Item | Centennial | Colorado |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $14.7 | $12.13 |
| Bowling | $21.4 | $18 |
| Haircut | $26.81 | $24.26 |
| Beauty Salon | $50.45 | $45.56 |
Detailed Centennial Groceries costs vs. Colorado
| Item | Centennial | Colorado |
|---|---|---|
| Ground Beef | $5.23 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.74 | $4.67 |
| Potatoes | $4.3 | $4.93 |
| Pizza | $12.87 | $12.09 |
| Beer | $10.67 | $10.41 |
| Toothpaste | $3.7 | $3.7 |
Detailed Centennial Health costs vs. Colorado
| Item | Centennial | Colorado |
|---|---|---|
| Optometrist | $121.38 | $125.68 |
| Doctor | $116.64 | $135.78 |
| Dentist | $126.27 | $113.29 |
Detailed Centennial Transportation costs vs. Colorado
| Item | Centennial | Colorado |
|---|---|---|
| Gasoline | $3.67 | $3.46 |
| Tire Balancing | $60.05 | $59.92 |
Detailed Centennial Utilities costs vs. Colorado
| Item | Centennial | Colorado |
|---|---|---|
| All Electricity | $145.02 | $193.99 |
| Phone | $194.36 | $192.25 |
Centennial SnackAbility
Cost Of Living In Cities Around Centennial
The cost of living varies in the cities and towns around Centennial. 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 142, 1.0x Centennial.
Aurora, CO has a cost of living index of 127, 0.9x Centennial.
Englewood, CO has a cost of living index of 130, 0.9x Centennial.
| City | Population | Cost Of Living | Vs. Centennial |
|---|---|---|---|
| Denver, CO | 718,877 | 142 | 1.0x |
| Aurora, CO | 394,432 | 127 | 0.9x |
| Englewood, CO | 34,129 | 130 | 0.9x |
| Wheat Ridge, CO | 32,070 | 136 | 0.9x |
| Sherrelwood, CO | 18,692 | 123 | 0.8x |
| Welby, CO | 16,197 | 116 | 0.8x |
| Lone Tree, CO | 14,147 | 170 | 1.2x |
| Berkley, CO | 10,789 | 125 | 0.9x |
| Cherry Creek, CO | 10,721 | 166 | 1.1x |
| Stonegate, CO | 8,906 | 149 | 1.0x |
