Dakota Ridge, CO Cost Of Living
Cost Of Living In Dakota Ridge, CO Summary
Cost of living in Dakota Ridge 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 Dakota Ridge 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 Dakota Ridge is 115, with 100 being the average.
The cost of living index in Dakota Ridge is 1.1x higher than the national average.
Dakota Ridge ranks as the #64 cheapest in Colorado out of 111.
Dakota Ridge ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in Dakota Ridge is $434,200.
The median income in Dakota Ridge is $106,635.
Table Of Contents
Dakota Ridge's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Dakota Ridge, CO?
According to the most recent data on the cost of living, Dakota Ridge has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Colorado, Dakota Ridge has a cost of living index that's 1.1x higher than Colorado's index of 104.
The standard of living in Dakota Ridge ranks as #64 most affordable out of the 111 places we measured in Colorado. By definition, that implies Dakota Ridge ranks as the #47 most expensive place in the Centennial State.
For more reading on life in Dakota Ridge, check out:
- Living In Dakota Ridge
- Search Homes For Sale In Dakota Ridge, CO
In Colorado
In America
Dakota Ridge Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Dakota Ridge. Here is how it fairs on each of the criteria:
The Services index in Dakota Ridge is 104.
The Groceries index in Dakota Ridge is 89.
The Health index in Dakota Ridge is 99.
The Housing index in Dakota Ridge is 153.
The Transportation index in Dakota Ridge is 108.
The Utilities index in Dakota Ridge is 80.
| Living Expense | Dakota Ridge | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 115 | 104 | 100 | |
| Services | 104 | 102 | 100 | |
| Groceries | 89 | 99 | 100 | |
| Health | 99 | 100 | 100 | |
| Housing | 153 | 116 | 100 | |
| Transportation | 108 | 104 | 100 | |
| Utilities | 80 | 90 | 100 | |
Dakota Ridge, 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 Dakota Ridge is $434,200.
The Median Rent in Dakota Ridge is $1,849.
The Median Income in Dakota Ridge is $106,635.
The Home Value To Income in Dakota Ridge is 4.1x.
The Rent To Monthly Income in Dakota Ridge is 0.21x.
| Statistic | Dakota Ridge | Colorado | United States |
|---|---|---|---|
| Median Home Value | $434,200 | $397,500 | $244,900 |
| Median Rent | $1,849 | $1,437 | $1,163 |
| Median Income | $106,635 | $80,184 | $69,021 |
| Home Value To Income | 4.1x | 5.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Dakota Ridge, CO Costs By Category
Detailed Dakota Ridge Services Costs Vs. Colorado
| Item | Dakota Ridge | Colorado |
|---|---|---|
| Shampoo | $0.88 | $1.06 |
| Movie | $13.19 | $10.68 |
| Bowling | $20.67 | $14.67 |
| Haircut | $24.05 | $18.62 |
| Beauty Salon | $35.0 | $39.05 |
Detailed Dakota Ridge Groceries Costs Vs. Colorado
| Item | Dakota Ridge | Colorado |
|---|---|---|
| Ground Beef | $4.62 | $4.22 |
| Fried Chicken | $1.15 | $1.39 |
| Milk | $1.78 | $2.05 |
| Potatoes | $3.04 | $3.29 |
| Pizza | $11.32 | $10.62 |
| Beer | $8.96 | $9.38 |
| Toothpaste | $2.11 | $2.34 |
Detailed Dakota Ridge Health Costs Vs. Colorado
| Item | Dakota Ridge | Colorado |
|---|---|---|
| Optometrist | $99.83 | $108.57 |
| Doctor | $117.67 | $116.17 |
| Dentist | $92.83 | $99.13 |
Detailed Dakota Ridge Transportation Costs Vs. Colorado
| Item | Dakota Ridge | Colorado |
|---|---|---|
| Gasoline | $2.24 | $2.22 |
| Tire Balancing | $59.83 | $50.07 |
Detailed Dakota Ridge Utilities Costs Vs. Colorado
| Item | Dakota Ridge | Colorado |
|---|---|---|
| All Electricity | $103.99 | $167.67 |
| Phone | $187.21 | $175.64 |
Dakota Ridge SnackAbility
/10
Cost Of Living In Cities Around Dakota Ridge
The cost of living varies in the cities and towns around Dakota Ridge. 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, 1.0x Dakota Ridge.
Lakewood, CO has a cost of living index of 115, 1.0x Dakota Ridge.
Littleton, CO has a cost of living index of 118, 1.0x Dakota Ridge.
| City | Population | Cost Of Living | Vs. Dakota Ridge |
|---|---|---|---|
| Denver, CO | 706,799 | 116 | 1.0x |
| Lakewood, CO | 155,608 | 115 | 1.0x |
| Littleton, CO | 45,465 | 118 | 1.0x |
| Ken Caryl, CO | 33,889 | 119 | 1.0x |
| Englewood, CO | 33,500 | 111 | 1.0x |
| Wheat Ridge, CO | 32,340 | 110 | 1.0x |
| Columbine, CO | 25,924 | 120 | 1.0x |
| Sherrelwood, CO | 20,069 | 98 | 0.9x |
| Golden, CO | 20,041 | 127 | 1.1x |
| Welby, CO | 16,260 | 97 | 0.8x |
