Cost of living in Dacono 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 Dacono 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 Dacono is 120, with 100 being the average.
The cost of living index in Dacono is 1.2x higher than the national average.
Dacono ranks as the #43 cheapest in Colorado out of 113.
Dacono ranks as the #4,411 cheapest out of 6,489 in the US.
The median home value in Dacono is $511,891.
The median income in Dacono is $99,389.
According to the most recent data on the cost of living, Dacono has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Colorado, Dacono has a cost of living index that's 1.1x higher than Colorado's index of 111.
The standard of living in Dacono ranks as #43 most affordable out of the 113 places we measured in Colorado. By definition, that implies Dacono ranks as the #70 most expensive place in the Centennial State.
For more reading on life in Dacono, check out:
Six factors go into calculating the cost of living index in Dacono. Here is how it fairs on each of the criteria:
The Services index in Dacono is 103.
The Groceries index in Dacono is 95.
The Health index in Dacono is 87.
The Housing index in Dacono is 163.
The Transportation index in Dacono is 110.
The Utilities index in Dacono is 90.
| Living Expense | Dacono | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 120 | 111 | 100 | |
| Services | 103 | 102 | 100 | |
| Groceries | 95 | 103 | 100 | |
| Health | 87 | 101 | 100 | |
| Housing | 163 | 134 | 100 | |
| Transportation | 110 | 107 | 100 | |
| Utilities | 90 | 89 | 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 2019-2023. The key points are:
The Median Home Value in Dacono is $511,891.
The Median Rent in Dacono is $1,823.
The Median Income in Dacono is $99,389.
The Home Value To Income in Dacono is 5.2x.
The Rent To Monthly Income in Dacono is 0.22x.
The cost of living varies in the cities and towns around Dacono. Here's a quick look at the cost of living in the most populous nearby places:
Thornton, CO has a cost of living index of 126, 1.1x Dacono.
Broomfield, CO has a cost of living index of 138, 1.1x Dacono.
Brighton, CO has a cost of living index of 121, 1.0x Dacono.
| City | Population | Cost Of Living | Vs. Dacono |
|---|---|---|---|
| Thornton, CO | 142,878 | 126 | 1.1x |
| Broomfield, CO | 75,110 | 138 | 1.1x |
| Brighton, CO | 41,196 | 121 | 1.0x |
| Northglenn, CO | 37,953 | 120 | 1.0x |
| Erie, CO | 31,927 | 150 | 1.2x |
| Lafayette, CO | 30,471 | 137 | 1.1x |
| Sherrelwood, CO | 19,368 | 117 | 1.0x |
| Firestone, CO | 17,353 | 127 | 1.1x |
| Welby, CO | 16,232 | 110 | 0.9x |
| Frederick, CO | 15,893 | 128 | 1.1x |