Derby 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.
Cost of living index93107100
Goods & Services index103101100
Groceries index10098100
Health care index106104100
Housing index78127100
Transportation index9899100
Utilities index9388100
Here we can see a simple outline of the cost of living in Derby, CO. As you can see, with the average cost of living in Derby, CO being 93, that puts it 13% lower than the average of Colorado and 7% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Derby, CO, the price of goods and services are 2% higher than the average of Colorado as well as 3% higher than the nation's average.

Did you know?

  • The cost of living in Derby is 13% lower than the Colorado average.
  • The cost of living in Derby is 7% lower than the national average.
  • The cost of housing in Derby is 22% lower 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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Compare Derby, CO Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Derby, CO would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Derby, CO, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Derby, CO salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Derby, CO, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Derby, CO homeowners have a median income of $50,634. Using that number, you will come up with a maximum of $1,181 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $35,278, which means there is a maximum of $823 to be spent on the costs of renting a home or apartment.

Colorado Sales Tax

StateGeneral Sales TaxWith Max Surtax

Colorado Income Tax

StateIncome Tax (Low)Income Tax (High)
When you are determining the total cost of living in Derby, 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

ItemDerbyNational 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%


ItemDerbyNational 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

ItemDerbyNational 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%


ItemDerbyNational avg.Difference
Home Price $118,700.00$175,700.0032.4%
Avg. Mortgage Payment $1,348.76$1,081.0324.8%
Apartment Rent $931.00$920.001.2%


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


ItemDerbyNational 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.
Leyner, CO311000%
Federal Heights, CO11,83583-17%
Lakeside, CO490-10%
Glendale, CO4,56494-6%
North Washington, CO30395-5%
Derby, CO8,63893-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Glens Falls North, NY8,64511111%
Alderwood Manor, WA8,62812222%
Alexandria, KY8,65491-9%
Independence, OR8,6541066%
Half Moon, NC8,65598-2%
Derby, CO8,63893-7%
Source: The Derby, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.