Sterling, CO Cost Of Living
Cost Of Living In Sterling, CO Summary
Cost of living in Sterling 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 Sterling 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 Sterling is 89, with 100 being the average.
The cost of living index in Sterling is 0.9x lower than the national average.
Sterling ranks as the #5 cheapest in Colorado out of 111.
Sterling ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Sterling is $149,700.
The median income in Sterling is $41,234.
Table Of Contents
Sterling's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Sterling, CO?
According to the most recent data on the cost of living, Sterling has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Colorado, Sterling has a cost of living index that's 0.9x lower than Colorado's index of 104.
The standard of living in Sterling ranks as #5 most affordable out of the 111 places we measured in Colorado. By definition, that implies Sterling ranks as the #106 most expensive place in the Centennial State.
For more reading on life in Sterling, check out:
- Living In Sterling
- Sterling Crime Report
- Search Homes For Sale In Sterling, CO
In Colorado
In America
Sterling Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Sterling. Here is how it fairs on each of the criteria:
The Services index in Sterling is 105.
The Groceries index in Sterling is 89.
The Health index in Sterling is 100.
The Housing index in Sterling is 62.
The Transportation index in Sterling is 105.
The Utilities index in Sterling is 81.
| Living Expense | Sterling | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 89 | 104 | 100 | |
| Services | 105 | 102 | 100 | |
| Groceries | 89 | 99 | 100 | |
| Health | 100 | 100 | 100 | |
| Housing | 62 | 116 | 100 | |
| Transportation | 105 | 104 | 100 | |
| Utilities | 81 | 90 | 100 | |
Sterling, 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 2017-2021. The key points are:
The Median Home Value in Sterling is $149,700.
The Median Rent in Sterling is $789.
The Median Income in Sterling is $41,234.
The Home Value To Income in Sterling is 3.6x.
The Rent To Monthly Income in Sterling is 0.23x.
| Statistic | Sterling | Colorado | United States |
|---|---|---|---|
| Median Home Value | $149,700 | $397,500 | $244,900 |
| Median Rent | $789 | $1,437 | $1,163 |
| Median Income | $41,234 | $80,184 | $69,021 |
| Home Value To Income | 3.6x | 5.0x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Sterling, CO Costs By Category
Detailed Sterling Services Costs Vs. Colorado
Detailed Sterling Groceries Costs Vs. Colorado
Detailed Sterling Health Costs Vs. Colorado
Detailed Sterling Transportation Costs Vs. Colorado
Detailed Sterling Utilities Costs Vs. Colorado
Sterling SnackAbility
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Cost Of Living In Cities Around Sterling
The cost of living varies in the cities and towns around Sterling. Here's a quick look at the cost of living in the most populous nearby places:
Fort Morgan, CO has a cost of living index of 87, 1.0x Sterling.
Sidney, NE has a cost of living index of 86, 1.0x Sterling.
| City | Population | Cost Of Living | Vs. Sterling |
|---|---|---|---|
| Fort Morgan, CO | 11,483 | 87 | 1.0x |
| Sidney, NE | 6,473 | 86 | 1.0x |
