Sheridan, CO Cost Of Living

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

Cost of living in Sheridan, Colorado

Cost of living in Sheridan 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 Sheridan 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:

115 Cost of living index 1.1x higher vs US
#25 Cheapest in Colorado (of 111)
#3,989 Cheapest in the U.S. (of 6,489)
$436,932 Median home value
$1,622 Median rent
$60,608 Median income
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What is the cost of living in Sheridan, CO?

According to the most recent data on the cost of living, Sheridan has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.

Compared to Colorado, Sheridan has a cost of living index that's 1.0x higher than Colorado's index of 114.

The standard of living in Sheridan ranks as #25 most affordable out of the 111 places we measured in Colorado. By definition, that implies Sheridan ranks as the #86 most expensive place in the Centennial State.

For more reading on life in Sheridan, check out:

Sheridan Cost Of Living Vs. Colorado

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

  • The Services index in Sheridan is 104.

  • The Groceries index in Sheridan is 107.

  • The Health index in Sheridan is 141.

  • The Housing index in Sheridan is 101.

  • The Transportation index in Sheridan is 111.

  • The Utilities index in Sheridan is 105.

Living Expense Sheridan Colorado National Average
Overall 115 114 100
Services 104 104 100
Groceries 107 107 100
Health 141 135 100
Housing 101 104 100
Transportation 111 107 100
Utilities 105 107 100

Sheridan Cost Of Living Compared To Colorado Averages

Services
Sheridan 104
Colorado avg 104
Groceries
Sheridan 107
Colorado avg 107
Health
Sheridan 141
Colorado avg 135
Housing
Sheridan 101
Colorado avg 104
Transportation
Sheridan 111
Colorado avg 107
Utilities
Sheridan 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

Sheridan, CO Housing Cost Breakdown

$436,932Median Home Value
$1,622Median Rent
$60,608Median 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 Sheridan is $436,932.

  • The Median Rent in Sheridan is $1,622.

  • The Median Income in Sheridan is $60,608.

  • The Home Value To Income in Sheridan is 7.2x.

  • The Rent To Monthly Income in Sheridan is 0.32x.

Statistic Sheridan Colorado United States
Median Home Value $436,932 $541,842 $332,700
Median Rent $1,622 $1,761 $1,413
Median Income $60,608 $95,470 $80,734
Home Value To Income 7.2x 5.7x 4.1x
Rent To Monthly Income 0.32x 0.22x 0.21x

Sheridan, CO Costs By Category

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

Sheridan SnackAbility

6Overall SnackAbility
Jobs 6/10
Housing 8.5/10
Affordability 3/10
Diversity 9/10
Safety 3/10
Amenities 8.5/10
Education 5/10
Commute 7/10

Cost Of Living In Cities Around Sheridan

The cost of living varies in the cities and towns around Sheridan. 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, 1.2x Sheridan.

  • Aurora, CO has a cost of living index of 127, 1.1x Sheridan.

  • Lakewood, CO has a cost of living index of 136, 1.2x Sheridan.

City Population Cost Of Living Vs. Sheridan
Denver, CO 718,877 142 1.2x
Aurora, CO 394,432 127 1.1x
Lakewood, CO 156,583 136 1.2x
Littleton, CO 44,710 139 1.2x
Englewood, CO 34,129 130 1.1x
Wheat Ridge, CO 32,070 136 1.2x
Columbine, CO 25,478 143 1.2x
Golden, CO 20,417 154 1.3x
Sherrelwood, CO 18,692 123 1.1x
Welby, CO 16,197 116 1.0x