Loveland 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 index107107100
Goods & Services index10299100
Groceries index106103100
Health care index107102100
Housing index118127100
Transportation index10495100
Utilities index9388100
Displayed above is a general overview of the Loveland, CO cost of living index. The overall cost of living index in Loveland, CO is 107, which is equal to the Colorado average and 7% 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 Loveland, CO are 3% higher than the Colorado average and 2% higher than the national average.

Did you know?

  • The cost of living in Loveland is equal to the Colorado average.
  • The cost of living in Loveland is 7% higher than the national average.
  • The cost of housing in Loveland is 18% 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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Compare Loveland, CO Cost of living To Other Cities

Salary Calculator

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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 Loveland, 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 Loveland, CO, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Loveland, 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)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Loveland, CO, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Loveland, CO, the median monthly income is $68,034 for those who own their own homes. Under the standard rule, that income level would allow for $1,587 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $34,825, per the median income in the area. That would allow for renters to spend up to $813 on monthly rental expenses.

Colorado Sales Tax

StateGeneral Sales TaxWith Max Surtax

Colorado Income Tax

StateIncome Tax (Low)Income Tax (High)
The Colorado sales tax and Colorado income tax rates should definitely be considered when determining the overall cost of living in Loveland, CO. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Colorado sales tax is 2.9% and the maximum surtax is 10%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Colorado income tax rates range from 4.63% to 4.63%.

Goods & Services

ItemLovelandNational avg.Difference
Haircut $18.59$15.5619.4%
Beauty Salon $36.88$36.112.1%
Toothpaste $3.14$2.4726.9%
Shampoo $0.97$0.960.2%
Movie $11.18$10.1310.4%
Bowling $6.03$4.7427.3%


ItemLovelandNational avg.Difference
Ground Beef $4.77$3.9819.6%
Fried Chicken $1.40$1.410.5%
Milk $1.78$2.0613.7%
Potatoes $2.81$2.985.8%
Pizza $7.33$9.4722.7%
Beer $8.43$8.794.1%

Health Care

ItemLovelandNational avg.Difference
Optometrist $102.80$101.041.7%
Doctor $134.18$107.4424.9%
Dentist $90.01$90.420.4%
Ibuprofen $9.40$9.281.3%
Lipitor $426.52$426.500.0%


ItemLovelandNational avg.Difference
Home Price $218,200.00$175,700.0024.2%
Avg. Mortgage Payment $1,431.28$1,133.2326.3%
Apartment Rent $962.00$920.004.6%


ItemLovelandNational avg.Difference
Gasoline $1.99$1.990.4%
Tire Balancing $52.50$45.7614.7%


ItemLovelandNational avg.Difference
All Electricity$135.90$163.8117.0%
Phone $30.43$28.397.2%
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.
Gilcrest, CO98295-5%
Platteville, CO2,54899-1%
Milliken, CO5,8371033%
Berthoud, CO5,3231077%
Fort Collins, CO149,6271077%
Loveland, CO70,0931077%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Rapid City, SD70,12693-7%
Goodyear, AZ70,1481022%
Muncie, IN70,03583-17%
Lafayette, IN69,98285-15%
Jonesboro, AR70,21785-15%
Loveland, CO70,0931077%
Source: The Loveland, CO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.