Erie, CO Cost Of Living
Cost Of Living In Erie, CO Summary
Cost of living in Erie 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 Erie 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 Erie is 150, with 100 being the average.
The cost of living index in Erie is 1.5x higher than the national average.
Erie ranks as the #94 cheapest in Colorado out of 113.
Erie ranks as the #5,692 cheapest out of 6,489 in the US.
The median home value in Erie is $726,551.
The median income in Erie is $163,644.
Table Of Contents
Erie's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Erie, CO?
According to the most recent data on the cost of living, Erie has an overall cost of living index of 150, which is 1.5x higher than the national index of 100.
Compared to Colorado, Erie has a cost of living index that's 1.4x higher than Colorado's index of 111.
The standard of living in Erie ranks as #94 most affordable out of the 113 places we measured in Colorado. By definition, that implies Erie ranks as the #19 most expensive place in the Centennial State.
For more reading on life in Erie, check out:
In Colorado
In America
Erie Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Erie. Here is how it fairs on each of the criteria:
The Services index in Erie is 102.
The Groceries index in Erie is 97.
The Health index in Erie is 90.
The Housing index in Erie is 262.
The Transportation index in Erie is 109.
The Utilities index in Erie is 88.
| Living Expense | Erie | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 150 | 111 | 100 | |
| Services | 102 | 102 | 100 | |
| Groceries | 97 | 103 | 100 | |
| Health | 90 | 101 | 100 | |
| Housing | 262 | 134 | 100 | |
| Transportation | 109 | 107 | 100 | |
| Utilities | 88 | 89 | 100 | |
Erie, 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 Erie is $726,551.
The Median Rent in Erie is $2,775.
The Median Income in Erie is $163,644.
The Home Value To Income in Erie is 4.4x.
The Rent To Monthly Income in Erie is 0.2x.
Median Home Value
Median Rent
Median Income
Erie, CO Costs By Category
Detailed Erie Services Costs Vs. Colorado
Detailed Erie Groceries Costs Vs. Colorado
Detailed Erie Health Costs Vs. Colorado
Detailed Erie Transportation Costs Vs. Colorado
Detailed Erie Utilities Costs Vs. Colorado
Erie SnackAbility
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Cost Of Living In Cities Around Erie
The cost of living varies in the cities and towns around Erie. Here's a quick look at the cost of living in the most populous nearby places:
Broomfield, CO has a cost of living index of 138, 0.9x Erie.
Brighton, CO has a cost of living index of 121, 0.8x Erie.
Northglenn, CO has a cost of living index of 120, 0.8x Erie.
| City | Population | Cost Of Living | Vs. Erie |
|---|---|---|---|
| Broomfield, CO | 75,110 | 138 | 0.9x |
| Brighton, CO | 41,196 | 121 | 0.8x |
| Northglenn, CO | 37,953 | 120 | 0.8x |
| Wheat Ridge, CO | 32,158 | 130 | 0.9x |
| Lafayette, CO | 30,471 | 137 | 0.9x |
| Louisville, CO | 20,788 | 158 | 1.1x |
| Sherrelwood, CO | 19,368 | 117 | 0.8x |
| Firestone, CO | 17,353 | 127 | 0.8x |
| Welby, CO | 16,232 | 110 | 0.7x |
| Frederick, CO | 15,893 | 128 | 0.9x |
