Cherry Hills Village, CO Cost Of Living
Cost Of Living In Cherry Hills Village, CO Summary
Cost of living in Cherry Hills Village 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 Cherry Hills Village 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 Cherry Hills Village is 311, with 100 being the average.
The cost of living index in Cherry Hills Village is 3.1x higher than the national average.
Cherry Hills Village ranks as the #113 cheapest in Colorado out of 113.
Cherry Hills Village ranks as the #6,466 cheapest out of 6,489 in the US.
The median home value in Cherry Hills Village is $3,021,128.
The median income in Cherry Hills Village is $250,001.
Table Of Contents
Cherry Hills Village's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Cherry Hills Village, CO?
According to the most recent data on the cost of living, Cherry Hills Village has an overall cost of living index of 311, which is 3.1x higher than the national index of 100.
Compared to Colorado, Cherry Hills Village has a cost of living index that's 2.8x higher than Colorado's index of 111.
The standard of living in Cherry Hills Village ranks as #113 most affordable out of the 113 places we measured in Colorado. By definition, that implies Cherry Hills Village ranks as the #0 most expensive place in the Centennial State.
For more reading on life in Cherry Hills Village, check out:
In Colorado
In America
Cherry Hills Village Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Cherry Hills Village. Here is how it fairs on each of the criteria:
The Services index in Cherry Hills Village is 104.
The Groceries index in Cherry Hills Village is 106.
The Health index in Cherry Hills Village is 100.
The Housing index in Cherry Hills Village is 795.
The Transportation index in Cherry Hills Village is 104.
The Utilities index in Cherry Hills Village is 84.
| Living Expense | Cherry Hills Village | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 311 | 111 | 100 | |
| Services | 104 | 102 | 100 | |
| Groceries | 106 | 103 | 100 | |
| Health | 100 | 101 | 100 | |
| Housing | 795 | 134 | 100 | |
| Transportation | 104 | 107 | 100 | |
| Utilities | 84 | 89 | 100 | |
Cherry Hills Village, 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 2019-2023. The key points are:
The Median Home Value in Cherry Hills Village is $3,021,128.
The Median Rent in Cherry Hills Village is -.
The Median Income in Cherry Hills Village is $250,001.
The Home Value To Income in Cherry Hills Village is 12.1x.
The Rent To Monthly Income in Cherry Hills Village is nanx.
| Statistic | Cherry Hills Village | Colorado | United States |
|---|---|---|---|
| Median Home Value | $3,021,128 | $540,183 | $303,400 |
| Median Rent | - | $1,693 | $1,348 |
| Median Income | $250,001 | $92,470 | $78,538 |
| Home Value To Income | 12.1x | 5.8x | 3.9x |
| Rent To Monthly Income | nanx | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
Cherry Hills Village, CO Costs By Category
Detailed Cherry Hills Village Services Costs Vs. Colorado
| Item | Cherry Hills Village | 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 Hills Village Groceries Costs Vs. Colorado
| Item | Cherry Hills Village | 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 Hills Village Health Costs Vs. Colorado
| Item | Cherry Hills Village | Colorado |
|---|---|---|
| Optometrist | $121.38 | $125.68 |
| Doctor | $116.64 | $135.78 |
| Dentist | $126.27 | $113.29 |
Detailed Cherry Hills Village Transportation Costs Vs. Colorado
| Item | Cherry Hills Village | Colorado |
|---|---|---|
| Gasoline | $3.67 | $3.46 |
| Tire Balancing | $60.05 | $59.92 |
Detailed Cherry Hills Village Utilities Costs Vs. Colorado
| Item | Cherry Hills Village | Colorado |
|---|---|---|
| All Electricity | $145.02 | $193.99 |
| Phone | $194.36 | $192.25 |
Cherry Hills Village SnackAbility
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