Berkley, CO Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Berkley, CO Summary

Cost of living in Berkley 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 Berkley 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 Berkley is 99, with 100 being the average.

  • The cost of living index in Berkley is 1.0x lower than the national average.

  • Berkley ranks as the #23 cheapest in Colorado out of 111.

  • Berkley ranks as the #3,027 cheapest out of 6,412 in the US.

  • The median home value in Berkley is $333,800.

  • The median income in Berkley is $71,183.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
99
Berkley's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in Berkley, CO?

According to the most recent data on the cost of living, Berkley has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.

Compared to Colorado, Berkley has a cost of living index that's 1.0x lower than Colorado's index of 104.

The standard of living in Berkley ranks as #23 most affordable out of the 111 places we measured in Colorado. By definition, that implies Berkley ranks as the #88 most expensive place in the Centennial State.

For more reading on life in Berkley, check out:

23 out of 111
In Colorado
3,027 out of 6,412
In America

Berkley Cost Of Living Vs. Colorado

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

  • The Services index in Berkley is 101.

  • The Groceries index in Berkley is 92.

  • The Health index in Berkley is 98.

  • The Housing index in Berkley is 104.

  • The Transportation index in Berkley is 106.

  • The Utilities index in Berkley is 78.

Living Expense Berkley Colorado National Average
Overall 99 104 100
Services 101 102 100
Groceries 92 99 100
Health 98 100 100
Housing 104 116 100
Transportation 106 104 100
Utilities 78 90 100
For more reading on cost of living around Colorado, check out:
Berkley Cost of Living Vs. CO

Berkley, 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 Berkley is $333,800.

  • The Median Rent in Berkley is $1,501.

  • The Median Income in Berkley is $71,183.

  • The Home Value To Income in Berkley is 4.7x.

  • The Rent To Monthly Income in Berkley is 0.25x.

Statistic Berkley Colorado United States
Median Home Value $333,800 $397,500 $244,900
Median Rent $1,501 $1,437 $1,163
Median Income $71,183 $80,184 $69,021
Home Value To Income 4.7x 5.0x 3.5x
Rent To Monthly Income 0.25x 0.22x 0.2x
Search Homes For Sale In Berkley, CO
$333,800
Median Home Value
$1,501
Median Rent
$71,183
Median Income

Berkley, CO Costs By Category

Detailed Berkley Services Costs Vs. Colorado

Item Berkley Colorado
Shampoo $0.88 $1.06
Movie $13.19 $10.68
Bowling $20.67 $14.67
Haircut $24.05 $18.62
Beauty Salon $35.0 $39.05

Detailed Berkley Groceries Costs Vs. Colorado

Item Berkley Colorado
Ground Beef $4.62 $4.22
Fried Chicken $1.15 $1.39
Milk $1.78 $2.05
Potatoes $3.04 $3.29
Pizza $11.32 $10.62
Beer $8.96 $9.38
Toothpaste $2.11 $2.34

Detailed Berkley Health Costs Vs. Colorado

Item Berkley Colorado
Optometrist $99.83 $108.57
Doctor $117.67 $116.17
Dentist $92.83 $99.13

Detailed Berkley Transportation Costs Vs. Colorado

Item Berkley Colorado
Gasoline $2.24 $2.22
Tire Balancing $59.83 $50.07

Detailed Berkley Utilities Costs Vs. Colorado

Item Berkley Colorado
All Electricity $103.99 $167.67
Phone $187.21 $175.64

Berkley SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
4
Diversity
9
Safety
N/A
Amenities
8.5
Education
6
Commute
6

Cost Of Living In Cities Around Berkley

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

  • Aurora, CO has a cost of living index of 108, 1.1x Berkley.

  • Brighton, CO has a cost of living index of 103, 1.0x Berkley.

City Population Cost Of Living Vs. Berkley
Denver, CO 706,799 116 1.2x
Aurora, CO 383,496 108 1.1x
Brighton, CO 39,895 103 1.0x
Englewood, CO 33,500 111 1.1x
Wheat Ridge, CO 32,340 110 1.1x
Sherrelwood, CO 20,069 98 1.0x
Welby, CO 16,260 97 1.0x
Federal Heights, CO 14,111 80 0.8x
Commerce, GA 7,213 83 0.8x
Sheridan, CO 6,090 102 1.0x

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