Cost of living in Shaw Heights 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 Shaw Heights 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 Shaw Heights is 120, with 100 being the average.
The cost of living index in Shaw Heights is 1.2x higher than the national average.
Shaw Heights ranks as the #43 cheapest in Colorado out of 113.
Shaw Heights ranks as the #4,411 cheapest out of 6,489 in the US.
The median home value in Shaw Heights is $486,939.
The median income in Shaw Heights is $89,125.
According to the most recent data on the cost of living, Shaw Heights has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Colorado, Shaw Heights has a cost of living index that's 1.1x higher than Colorado's index of 111.
The standard of living in Shaw Heights ranks as #43 most affordable out of the 113 places we measured in Colorado. By definition, that implies Shaw Heights ranks as the #70 most expensive place in the Centennial State.
For more reading on life in Shaw Heights, check out:
Six factors go into calculating the cost of living index in Shaw Heights. Here is how it fairs on each of the criteria:
The Services index in Shaw Heights is 102.
The Groceries index in Shaw Heights is 96.
The Health index in Shaw Heights is 89.
The Housing index in Shaw Heights is 169.
The Transportation index in Shaw Heights is 111.
The Utilities index in Shaw Heights is 87.
| Living Expense | Shaw Heights | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 120 | 111 | 100 | |
| Services | 102 | 102 | 100 | |
| Groceries | 96 | 103 | 100 | |
| Health | 89 | 101 | 100 | |
| Housing | 169 | 134 | 100 | |
| Transportation | 111 | 107 | 100 | |
| Utilities | 87 | 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 Shaw Heights is $486,939.
The Median Rent in Shaw Heights is $1,986.
The Median Income in Shaw Heights is $89,125.
The Home Value To Income in Shaw Heights is 5.5x.
The Rent To Monthly Income in Shaw Heights is 0.27x.
| Statistic | Shaw Heights | Colorado | United States |
|---|---|---|---|
| Median Home Value | $486,939 | $540,183 | $303,400 |
| Median Rent | $1,986 | $1,693 | $1,348 |
| Median Income | $89,125 | $92,470 | $78,538 |
| Home Value To Income | 5.5x | 5.8x | 3.9x |
| Rent To Monthly Income | 0.27x | 0.22x | 0.21x |
| Item | Shaw Heights | Colorado |
|---|---|---|
| Shampoo | $1.19 | $1.28 |
| Movie | $11.09 | $12.13 |
| Bowling | $22.22 | $18 |
| Haircut | $25.33 | $24.26 |
| Beauty Salon | $45.45 | $45.56 |
| Item | Shaw Heights | Colorado |
|---|---|---|
| Ground Beef | $5.56 | $5.84 |
| Fried Chicken | $1.43 | $1.57 |
| Milk | $4.89 | $4.67 |
| Potatoes | $4.62 | $4.93 |
| Pizza | $11.06 | $12.09 |
| Beer | $11.34 | $10.41 |
| Toothpaste | $4.12 | $3.7 |
| Item | Shaw Heights | Colorado |
|---|---|---|
| Optometrist | $110.45 | $125.68 |
| Doctor | $188.89 | $135.78 |
| Dentist | $107.78 | $113.29 |
| Item | Shaw Heights | Colorado |
|---|---|---|
| Gasoline | $3.58 | $3.46 |
| Tire Balancing | $73.58 | $59.92 |
| Item | Shaw Heights | Colorado |
|---|---|---|
| All Electricity | $161.0 | $193.99 |
| Phone | $195.56 | $192.25 |
The cost of living varies in the cities and towns around Shaw Heights. 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 134, 1.1x Shaw Heights.
Westminster, CO has a cost of living index of 127, 1.1x Shaw Heights.
Brighton, CO has a cost of living index of 121, 1.0x Shaw Heights.
| City | Population | Cost Of Living | Vs. Shaw Heights |
|---|---|---|---|
| Denver, CO | 713,734 | 134 | 1.1x |
| Westminster, CO | 115,546 | 127 | 1.1x |
| Brighton, CO | 41,196 | 121 | 1.0x |
| Northglenn, CO | 37,953 | 120 | 1.0x |
| Englewood, CO | 33,774 | 127 | 1.1x |
| Wheat Ridge, CO | 32,158 | 130 | 1.1x |
| Sherrelwood, CO | 19,368 | 117 | 1.0x |
| Welby, CO | 16,232 | 110 | 0.9x |
| Federal Heights, CO | 14,160 | 93 | 0.8x |
| Berkley, CO | 10,838 | 119 | 1.0x |