Parker, CO Cost Of Living

The latest cost of living statistics for Parker. Includes statistics on rent, mortgages, healthcare, and other costs for Parker compared to the state and national averages.

Cost of living in Parker, Colorado

Cost of living in Parker 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 Parker 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:

141 Cost of living index 1.4x higher vs US
#76 Cheapest in Colorado (of 111)
#5,439 Cheapest in the U.S. (of 6,489)
$688,177 Median home value
$2,096 Median rent
$133,369 Median income
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What is the cost of living in Parker, CO?

According to the most recent data on the cost of living, Parker has an overall cost of living index of 141, which is 1.4x higher than the national index of 100.

Compared to Colorado, Parker has a cost of living index that's 1.2x higher than Colorado's index of 114.

The standard of living in Parker ranks as #76 most affordable out of the 111 places we measured in Colorado. By definition, that implies Parker ranks as the #35 most expensive place in the Centennial State.

For more reading on life in Parker, check out:

Parker Cost Of Living Vs. Colorado

Six factors go into calculating the cost of living index in Parker. Here is how it fares on each of the criteria:

  • The Services index in Parker is 101.

  • The Groceries index in Parker is 108.

  • The Health index in Parker is 225.

  • The Housing index in Parker is 109.

  • The Transportation index in Parker is 109.

  • The Utilities index in Parker is 105.

Living Expense Parker Colorado National Average
Overall 141 114 100
Services 101 104 100
Groceries 108 107 100
Health 225 135 100
Housing 109 104 100
Transportation 109 107 100
Utilities 105 107 100

Parker Cost Of Living Compared To Colorado Averages

Services
Parker 101
Colorado avg 104
Groceries
Parker 108
Colorado avg 107
Health
Parker 225
Colorado avg 135
Housing
Parker 109
Colorado avg 104
Transportation
Parker 109
Colorado avg 107
Utilities
Parker 105
Colorado avg 107

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Colorado, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Parker, CO Housing Cost Breakdown

$688,177Median Home Value
$2,096Median Rent
$133,369Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Parker is $688,177.

  • The Median Rent in Parker is $2,096.

  • The Median Income in Parker is $133,369.

  • The Home Value To Income in Parker is 5.2x.

  • The Rent To Monthly Income in Parker is 0.19x.

Statistic Parker Colorado United States
Median Home Value $688,177 $541,842 $332,700
Median Rent $2,096 $1,761 $1,413
Median Income $133,369 $95,470 $80,734
Home Value To Income 5.2x 5.7x 4.1x
Rent To Monthly Income 0.19x 0.22x 0.21x

Parker, CO Costs By Category

Detailed Parker Services costs vs. Colorado
Item Parker 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 Parker Groceries costs vs. Colorado
Item Parker 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 Parker Health costs vs. Colorado
Item Parker Colorado
Optometrist $121.38 $125.68
Doctor $116.64 $135.78
Dentist $126.27 $113.29
Detailed Parker Transportation costs vs. Colorado
Item Parker Colorado
Gasoline $3.67 $3.46
Tire Balancing $60.05 $59.92
Detailed Parker Utilities costs vs. Colorado
Item Parker Colorado
All Electricity $145.02 $193.99
Phone $194.36 $192.25

Parker SnackAbility

9.5Overall SnackAbility
Jobs 9/10
Housing 9/10
Affordability 7/10
Diversity 8/10
Safety 8/10
Amenities 9/10
Education 9/10
Commute 6/10

Cost Of Living In Cities Around Parker

The cost of living varies in the cities and towns around Parker. 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 142, 1.0x Parker.

  • Aurora, CO has a cost of living index of 127, 0.9x Parker.

  • Castle Rock, CO has a cost of living index of 142, 1.0x Parker.

City Population Cost Of Living Vs. Parker
Denver, CO 718,877 142 1.0x
Aurora, CO 394,432 127 0.9x
Castle Rock, CO 79,123 142 1.0x
Littleton, CO 44,710 139 1.0x
Englewood, CO 34,129 130 0.9x
Lone Tree, CO 14,147 170 1.2x
Castle Pines, CO 13,388 164 1.2x
The Pinery, CO 11,871 163 1.2x
Roxborough Park, CO 9,085 150 1.1x
Stonegate, CO 8,906 149 1.1x