Arvada, CO Cost Of Living
Cost Of Living In Arvada, CO Summary
Cost of living in Arvada 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 Arvada 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 Arvada is 109, with 100 being the average.
The cost of living index in Arvada is 1.1x higher than the national average.
Arvada ranks as the #50 cheapest in Colorado out of 111.
Arvada ranks as the #4,038 cheapest out of 6,412 in the US.
The median home value in Arvada is $456,200.
The median income in Arvada is $96,677.
Table Of Contents
Arvada's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Arvada, CO?
According to the most recent data on the cost of living, Arvada has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Colorado, Arvada has a cost of living index that's 1.0x higher than Colorado's index of 104.
The standard of living in Arvada ranks as #50 most affordable out of the 111 places we measured in Colorado. By definition, that implies Arvada ranks as the #61 most expensive place in the Centennial State.
For more reading on life in Arvada, check out:
- Living In Arvada
- Arvada Crime Report
- Search Homes For Sale In Arvada, CO
In Colorado
In America
Arvada Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Arvada. Here is how it fairs on each of the criteria:
The Services index in Arvada is 103.
The Groceries index in Arvada is 88.
The Health index in Arvada is 99.
The Housing index in Arvada is 142.
The Transportation index in Arvada is 105.
The Utilities index in Arvada is 79.
| Living Expense | Arvada | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 109 | 104 | 100 | |
| Services | 103 | 102 | 100 | |
| Groceries | 88 | 99 | 100 | |
| Health | 99 | 100 | 100 | |
| Housing | 142 | 116 | 100 | |
| Transportation | 105 | 104 | 100 | |
| Utilities | 79 | 90 | 100 | |
Arvada, 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 Arvada is $456,200.
The Median Rent in Arvada is $1,568.
The Median Income in Arvada is $96,677.
The Home Value To Income in Arvada is 4.7x.
The Rent To Monthly Income in Arvada is 0.19x.
| Statistic | Arvada | Colorado | United States |
|---|---|---|---|
| Median Home Value | $456,200 | $397,500 | $244,900 |
| Median Rent | $1,568 | $1,437 | $1,163 |
| Median Income | $96,677 | $80,184 | $69,021 |
| Home Value To Income | 4.7x | 5.0x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Arvada, CO Costs By Category
Detailed Arvada Services Costs Vs. Colorado
Detailed Arvada Groceries Costs Vs. Colorado
Detailed Arvada Health Costs Vs. Colorado
Detailed Arvada Transportation Costs Vs. Colorado
Detailed Arvada Utilities Costs Vs. Colorado
Arvada SnackAbility
/10
Cost Of Living In Cities Around Arvada
The cost of living varies in the cities and towns around Arvada. 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, 1.1x Arvada.
Westminster, CO has a cost of living index of 106, 1.0x Arvada.
Englewood, CO has a cost of living index of 111, 1.0x Arvada.
| City | Population | Cost Of Living | Vs. Arvada |
|---|---|---|---|
| Denver, CO | 706,799 | 116 | 1.1x |
| Westminster, CO | 115,535 | 106 | 1.0x |
| Englewood, CO | 33,500 | 111 | 1.0x |
| Wheat Ridge, CO | 32,340 | 110 | 1.0x |
| Central, LA | 29,746 | 96 | 0.9x |
| Sherrelwood, CO | 20,069 | 98 | 0.9x |
| Golden, CO | 20,041 | 127 | 1.2x |
| Welby, CO | 16,260 | 97 | 0.9x |
| Federal Heights, CO | 14,111 | 80 | 0.7x |
| Superior, CO | 13,283 | 136 | 1.2x |
