Gunbarrel, CO Cost Of Living
Cost Of Living In Gunbarrel, CO Summary
Cost of living in Gunbarrel 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 Gunbarrel 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 Gunbarrel is 151, with 100 being the average.
The cost of living index in Gunbarrel is 1.5x higher than the national average.
Gunbarrel ranks as the #96 cheapest in Colorado out of 113.
Gunbarrel ranks as the #5,719 cheapest out of 6,489 in the US.
The median home value in Gunbarrel is $848,889.
The median income in Gunbarrel is $111,506.
Table Of Contents
Gunbarrel's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Gunbarrel, CO?
According to the most recent data on the cost of living, Gunbarrel has an overall cost of living index of 151, which is 1.5x higher than the national index of 100.
Compared to Colorado, Gunbarrel has a cost of living index that's 1.4x higher than Colorado's index of 111.
The standard of living in Gunbarrel ranks as #96 most affordable out of the 113 places we measured in Colorado. By definition, that implies Gunbarrel ranks as the #17 most expensive place in the Centennial State.
For more reading on life in Gunbarrel, check out:
In Colorado
In America
Gunbarrel Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Gunbarrel. Here is how it fairs on each of the criteria:
The Services index in Gunbarrel is 106.
The Groceries index in Gunbarrel is 97.
The Health index in Gunbarrel is 87.
The Housing index in Gunbarrel is 267.
The Transportation index in Gunbarrel is 108.
The Utilities index in Gunbarrel is 88.
| Living Expense | Gunbarrel | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 151 | 111 | 100 | |
| Services | 106 | 102 | 100 | |
| Groceries | 97 | 103 | 100 | |
| Health | 87 | 101 | 100 | |
| Housing | 267 | 134 | 100 | |
| Transportation | 108 | 107 | 100 | |
| Utilities | 88 | 89 | 100 | |
Gunbarrel, 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 Gunbarrel is $848,889.
The Median Rent in Gunbarrel is $1,924.
The Median Income in Gunbarrel is $111,506.
The Home Value To Income in Gunbarrel is 7.6x.
The Rent To Monthly Income in Gunbarrel is 0.21x.
Median Home Value
Median Rent
Median Income
Gunbarrel, CO Costs By Category
Detailed Gunbarrel Services Costs Vs. Colorado
Detailed Gunbarrel Groceries Costs Vs. Colorado
Detailed Gunbarrel Health Costs Vs. Colorado
Detailed Gunbarrel Transportation Costs Vs. Colorado
Detailed Gunbarrel Utilities Costs Vs. Colorado
Gunbarrel SnackAbility
/10
Cost Of Living In Cities Around Gunbarrel
The cost of living varies in the cities and towns around Gunbarrel. Here's a quick look at the cost of living in the most populous nearby places:
Westminster, CO has a cost of living index of 127, 0.8x Gunbarrel.
Boulder, CO has a cost of living index of 170, 1.1x Gunbarrel.
Northglenn, CO has a cost of living index of 120, 0.8x Gunbarrel.
| City | Population | Cost Of Living | Vs. Gunbarrel |
|---|---|---|---|
| Westminster, CO | 115,546 | 127 | 0.8x |
| Boulder, CO | 106,274 | 170 | 1.1x |
| Northglenn, CO | 37,953 | 120 | 0.8x |
| Erie, CO | 31,927 | 150 | 1.0x |
| Lafayette, CO | 30,471 | 137 | 0.9x |
| Louisville, CO | 20,788 | 158 | 1.0x |
| 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 | 0.8x |
