Applewood, CO Cost Of Living
Cost Of Living In Applewood, CO Summary
Cost of living in Applewood 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 Applewood 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 Applewood is 130, with 100 being the average.
The cost of living index in Applewood is 1.3x higher than the national average.
Applewood ranks as the #91 cheapest in Colorado out of 111.
Applewood ranks as the #5,259 cheapest out of 6,412 in the US.
The median home value in Applewood is $614,900.
The median income in Applewood is $115,330.
Table Of Contents
Applewood's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Applewood, CO?
According to the most recent data on the cost of living, Applewood has an overall cost of living index of 130, which is 1.3x higher than the national index of 100.
Compared to Colorado, Applewood has a cost of living index that's 1.2x higher than Colorado's index of 104.
The standard of living in Applewood ranks as #91 most affordable out of the 111 places we measured in Colorado. By definition, that implies Applewood ranks as the #20 most expensive place in the Centennial State.
For more reading on life in Applewood, check out:
- Living In Applewood
- Search Homes For Sale In Applewood, CO
In Colorado
In America
Applewood Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Applewood. Here is how it fairs on each of the criteria:
The Services index in Applewood is 114.
The Groceries index in Applewood is 96.
The Health index in Applewood is 98.
The Housing index in Applewood is 194.
The Transportation index in Applewood is 114.
The Utilities index in Applewood is 79.
| Living Expense | Applewood | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 130 | 104 | 100 | |
| Services | 114 | 102 | 100 | |
| Groceries | 96 | 99 | 100 | |
| Health | 98 | 100 | 100 | |
| Housing | 194 | 116 | 100 | |
| Transportation | 114 | 104 | 100 | |
| Utilities | 79 | 90 | 100 | |
Applewood, 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 Applewood is $614,900.
The Median Rent in Applewood is $1,760.
The Median Income in Applewood is $115,330.
The Home Value To Income in Applewood is 5.3x.
The Rent To Monthly Income in Applewood is 0.18x.
| Statistic | Applewood | Colorado | United States |
|---|---|---|---|
| Median Home Value | $614,900 | $397,500 | $244,900 |
| Median Rent | $1,760 | $1,437 | $1,163 |
| Median Income | $115,330 | $80,184 | $69,021 |
| Home Value To Income | 5.3x | 5.0x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Applewood, CO Costs By Category
Detailed Applewood Services Costs Vs. Colorado
Detailed Applewood Groceries Costs Vs. Colorado
Detailed Applewood Health Costs Vs. Colorado
Detailed Applewood Transportation Costs Vs. Colorado
Detailed Applewood Utilities Costs Vs. Colorado
Applewood SnackAbility
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Cost Of Living In Cities Around Applewood
The cost of living varies in the cities and towns around Applewood. 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 116, 0.9x Applewood.
Lakewood, CO has a cost of living index of 115, 0.9x Applewood.
Arvada, CO has a cost of living index of 109, 0.8x Applewood.
| City | Population | Cost Of Living | Vs. Applewood |
|---|---|---|---|
| Denver, CO | 706,799 | 116 | 0.9x |
| Lakewood, CO | 155,608 | 115 | 0.9x |
| Arvada, CO | 122,903 | 109 | 0.8x |
| Englewood, CO | 33,500 | 111 | 0.9x |
| Wheat Ridge, CO | 32,340 | 110 | 0.8x |
| Central, LA | 29,746 | 96 | 0.7x |
| Sherrelwood, CO | 20,069 | 98 | 0.8x |
| Golden, CO | 20,041 | 127 | 1.0x |
| Welby, CO | 16,260 | 97 | 0.7x |
| Federal Heights, CO | 14,111 | 80 | 0.6x |
