What is the cost of living in Cherry Creek, CO?
According to the most recent data on the cost of living, Cherry Creek has an overall cost of living index of 166, which is 1.7x higher than the national index of 100.
Compared to Colorado, Cherry Creek has a cost of living index that's 1.5x higher than Colorado's index of 114.
The standard of living in Cherry Creek ranks as #104 most affordable out of the 111 places we measured in Colorado. By definition, that implies Cherry Creek ranks as the #7 most expensive place in the Centennial State.
For more reading on life in Cherry Creek, check out:
Cherry Creek Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Cherry Creek. Here is how it fares on each of the criteria:
The Services index in Cherry Creek is 110.
The Groceries index in Cherry Creek is 108.
The Health index in Cherry Creek is 304.
The Housing index in Cherry Creek is 111.
The Transportation index in Cherry Creek is 109.
The Utilities index in Cherry Creek is 112.
| Living Expense | Cherry Creek | Colorado | National Average |
|---|---|---|---|
| Overall | 166 | 114 | 100 |
| Services | 110 | 104 | 100 |
| Groceries | 108 | 107 | 100 |
| Health | 304 | 135 | 100 |
| Housing | 111 | 104 | 100 |
| Transportation | 109 | 107 | 100 |
| Utilities | 112 | 107 | 100 |
Cherry Creek 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 Cherry Creek Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Cherry Creek, 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 Cherry Creek is $884,882.
The Median Rent in Cherry Creek is $2,093.
The Median Income in Cherry Creek is $153,776.
The Home Value To Income in Cherry Creek is 5.8x.
The Rent To Monthly Income in Cherry Creek is 0.16x.
| Statistic | Cherry Creek | Colorado | United States |
|---|---|---|---|
| Median Home Value | $884,882 | $541,842 | $332,700 |
| Median Rent | $2,093 | $1,761 | $1,413 |
| Median Income | $153,776 | $95,470 | $80,734 |
| Home Value To Income | 5.8x | 5.7x | 4.1x |
| Rent To Monthly Income | 0.16x | 0.22x | 0.21x |
Cherry Creek, CO Costs By Category
Detailed Cherry Creek Services costs vs. Colorado
| Item | Cherry Creek | 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 Cherry Creek Groceries costs vs. Colorado
| Item | Cherry Creek | 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 Cherry Creek Health costs vs. Colorado
| Item | Cherry Creek | Colorado |
|---|---|---|
| Optometrist | $121.38 | $125.68 |
| Doctor | $116.64 | $135.78 |
| Dentist | $126.27 | $113.29 |
Detailed Cherry Creek Transportation costs vs. Colorado
| Item | Cherry Creek | Colorado |
|---|---|---|
| Gasoline | $3.67 | $3.46 |
| Tire Balancing | $60.05 | $59.92 |
Detailed Cherry Creek Utilities costs vs. Colorado
| Item | Cherry Creek | Colorado |
|---|---|---|
| All Electricity | $145.02 | $193.99 |
| Phone | $194.36 | $192.25 |
Cherry Creek SnackAbility
Cost Of Living In Cities Around Cherry Creek
The cost of living varies in the cities and towns around Cherry Creek. 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, 0.9x Cherry Creek.
Aurora, CO has a cost of living index of 127, 0.8x Cherry Creek.
Centennial, CO has a cost of living index of 145, 0.9x Cherry Creek.
| City | Population | Cost Of Living | Vs. Cherry Creek |
|---|---|---|---|
| Denver, CO | 718,877 | 142 | 0.9x |
| Aurora, CO | 394,432 | 127 | 0.8x |
| Centennial, CO | 108,201 | 145 | 0.9x |
| Englewood, CO | 34,129 | 130 | 0.8x |
| Sherrelwood, CO | 18,692 | 123 | 0.7x |
| Welby, CO | 16,197 | 116 | 0.7x |
| Federal Heights, CO | 14,125 | 94 | 0.6x |
| Berkley, CO | 10,789 | 125 | 0.8x |
| Commerce, GA | 8,013 | 98 | 0.6x |
| Sheridan, CO | 6,005 | 115 | 0.7x |
