Golden, CO Cost Of Living

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

Cost Of Living In Golden, CO Summary

Cost of living in Golden 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 Golden 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 Golden is 127, with 100 being the average.

  • The cost of living index in Golden is 1.3x higher than the national average.

  • Golden ranks as the #85 cheapest in Colorado out of 111.

  • Golden ranks as the #5,140 cheapest out of 6,412 in the US.

  • The median home value in Golden is $579,800.

  • The median income in Golden is $83,976.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
127
Golden's Overall Cost Of Living
1.3x
Higher Than The National Average

What is the cost of living in Golden, CO?

According to the most recent data on the cost of living, Golden has an overall cost of living index of 127, which is 1.3x higher than the national index of 100.

Compared to Colorado, Golden has a cost of living index that's 1.2x higher than Colorado's index of 104.

The standard of living in Golden ranks as #85 most affordable out of the 111 places we measured in Colorado. By definition, that implies Golden ranks as the #26 most expensive place in the Centennial State.

For more reading on life in Golden, check out:

85 out of 111
In Colorado
5,140 out of 6,412
In America

Golden Cost Of Living Vs. Colorado

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

  • The Services index in Golden is 103.

  • The Groceries index in Golden is 90.

  • The Health index in Golden is 98.

  • The Housing index in Golden is 196.

  • The Transportation index in Golden is 106.

  • The Utilities index in Golden is 78.

Living Expense Golden Colorado National Average
Overall 127 104 100
Services 103 102 100
Groceries 90 99 100
Health 98 100 100
Housing 196 116 100
Transportation 106 104 100
Utilities 78 90 100
For more reading on cost of living around Colorado, check out:
Golden Cost of Living Vs. CO

Golden, 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 Golden is $579,800.

  • The Median Rent in Golden is $1,547.

  • The Median Income in Golden is $83,976.

  • The Home Value To Income in Golden is 6.9x.

  • The Rent To Monthly Income in Golden is 0.22x.

Statistic Golden Colorado United States
Median Home Value $579,800 $397,500 $244,900
Median Rent $1,547 $1,437 $1,163
Median Income $83,976 $80,184 $69,021
Home Value To Income 6.9x 5.0x 3.5x
Rent To Monthly Income 0.22x 0.22x 0.2x
Search Homes For Sale In Golden, CO
$579,800
Median Home Value
$1,547
Median Rent
$83,976
Median Income

Golden, CO Costs By Category

Detailed Golden Services Costs Vs. Colorado

Item Golden 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 Golden Groceries Costs Vs. Colorado

Item Golden 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 Golden Health Costs Vs. Colorado

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

Detailed Golden Transportation Costs Vs. Colorado

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

Detailed Golden Utilities Costs Vs. Colorado

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

Golden SnackAbility

8.5
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
4
Diversity
7
Safety
6
Amenities
8.5
Education
9
Commute
7

Cost Of Living In Cities Around Golden

The cost of living varies in the cities and towns around Golden. 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 Golden.

  • Lakewood, CO has a cost of living index of 115, 0.9x Golden.

  • Arvada, CO has a cost of living index of 109, 0.9x Golden.

City Population Cost Of Living Vs. Golden
Denver, CO 706,799 116 0.9x
Lakewood, CO 155,608 115 0.9x
Arvada, CO 122,903 109 0.9x
Northglenn, CO 37,899 103 0.8x
Englewood, CO 33,500 111 0.9x
Wheat Ridge, CO 32,340 110 0.9x
Central, LA 29,746 96 0.8x
Sherrelwood, CO 20,069 98 0.8x
Welby, CO 16,260 97 0.8x
Federal Heights, CO 14,111 80 0.6x

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