Arvada cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexArvadaColoradoNational
Cost of living index109107100
IndexArvadaColoradoNational
Goods & Services index103101100
Groceries index10098100
Health care index106104100
Housing index131127100
Transportation index9899100
Utilities index9388100
Displayed above is a general overview of the Arvada, CO cost of living index. The overall cost of living index in Arvada, CO is 109, which is 2% higher than the Colorado average and 9% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Arvada, CO are 2% higher than the Colorado average and 3% higher than the national average.

Did you know?

  • The cost of living in Arvada is 2% higher than the Colorado average.
  • The cost of living in Arvada is 9% higher than the national average.
  • The cost of housing in Arvada is 31% higher than the national average.
  • Colorado general sales tax is 43% lower than the national average.
  • Colorado state income tax is 108% higher than the national average.

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Salary Calculator

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Groceries index
Health care index
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The salary calculator is meant to help you compare your salary in Arvada, CO to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Arvada, CO, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Arvada, CO salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$81,736$6,811$1,907$2,452
Renters$40,146$3,346$937$1,205
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Arvada, CO, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Arvada, CO has a median income of about $81,736 for people who own homes. Based on that number, a person should spend a maximum of $1,907 on expenses related to housing. Renters have a slightly different median income, which is $40,146. Based on this average, renters should spend no more than $937 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Colorado Sales Tax

StateGeneral Sales TaxWith Max Surtax
Colorado2.9%10%

Colorado Income Tax

StateIncome Tax (Low)Income Tax (High)
Colorado4.63%4.63%
When you are determining the total cost of living in Arvada, CO you will want to make sure you consider both the Colorado sales tax and the Colorado income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Colorado is 2.9%, with the highest surtax being 10%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Colorado have a range from 4.63% to 4.63%.

Goods & Services

ItemArvadaNational avg.Difference
Haircut $17.25$14.5918.2%
Beauty Salon $35.00$34.680.9%
Toothpaste $3.00$2.4721.3%
Shampoo $1.10$1.027.6%
Movie $11.22$9.8713.7%
Bowling $6.75$4.3953.7%

Groceries

ItemArvadaNational avg.Difference
Ground Beef $5.01$4.4811.9%
Fried Chicken $1.71$1.4616.8%
Milk $2.43$2.363.1%
Potatoes $2.55$3.0616.7%
Pizza $7.99$9.2413.6%
Beer $8.55$8.631.0%

Health Care

ItemArvadaNational avg.Difference
Optometrist $101.85$99.782.1%
Doctor $124.80$105.0318.8%
Dentist $95.00$88.707.1%
Ibuprofen $9.24$9.411.8%
Lipitor $278.85$298.506.6%

Housing

ItemArvadaNational avg.Difference
Home Price $245,300.00$175,700.0039.6%
Avg. Mortgage Payment $1,348.76$1,081.0324.8%
Apartment Rent $1,020.00$920.0010.9%

Transportation

ItemArvadaNational avg.Difference
Gasoline $2.00$2.094.6%
Tire Balancing $47.12$45.294.1%

Utilities

ItemArvadaNational avg.Difference
All Electricity$153.48$170.8010.1%
Phone $27.57$28.262.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Federal Heights, CO11,83583-17%
Lakeside, CO490-10%
Derby, CO8,63893-7%
Glendale, CO4,56494-6%
North Washington, CO30395-5%
Arvada, CO109,8001099%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Waterbury, CT109,88711111%
Manchester, NH110,06511616%
Wilmington, NC110,1001077%
Westminster, CO109,2961088%
Carlsbad, CA109,29617070%
Arvada, CO109,8001099%
Source: The Arvada, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.