Cost of Living in Cherry Hills Village, CO

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F
215%
Overall NAT. AVG.
6%
Groceries NAT. AVG.
703%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Cherry Hills Village Colorado National
Cost of living315115100
Groceries106104100
Health care106107100
Housing803136100
Transportation103106100
Utilities109108100
Lifestyle & Entertainment106107100
Household Items102105100
Education & Childcare111111100
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Homes For Sale In Cherry Hills Village, CO

property for sale

3941 S Dahlia St

Englewood, CO
property for sale

5071 Sanford Cir W

Englewood, CO
property for sale

18 Glenmoor Cir

Englewood, CO
property for sale

5724 E Oxford Ave

Englewood, CO

Cost Of Living Quick Facts

  • The cost of living in Cherry Hills Village is 174% higher than the Colorado average
  • The cost of living in Cherry Hills Village is 215% higher than the national average
  • Cherry Hills Village housing is 703% higher than the national average
  • Colorado general sales tax is 43% lower than the national average
  • Colorado state income tax is 69% higher than the national average

Most Affordable Places to Live in and Around Cherry Hills Village

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Compare Cherry Hills Village, CO Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$372,061$31,005$8,681$11,163
      Renters$0$0$0$0
      A good indicator of the general affordability of housing in Cherry Hills Village, CO, 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 Cherry Hills Village, the median monthly income is $372,061 for those who own their own homes. Under the standard rule, that income level would allow for $8,681 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $0, per the median income in the area. That would allow for renters to spend up to $0 on monthly rental expenses.

      Colorado Sales Tax

      State General Sales Tax With Max Surtax
      Colorado 2.9% 10%

      Colorado Income Tax

      State Income Tax (Low) Income Tax (High)
      Colorado 4.4% 4.4%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Glendale CDP, CO801099.1%
      Lakeside, CO69010.0%
      North Washington, CO676990.9%
      Derby, CO9,36511110.6%
      Welby, CO15,92211717.0%
      Cherry Hills Village, CO6,878315215.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Clifton Heights, PA6,877981.6%
      Barrington, NJ6,8801098.7%
      Moapa Valley, NV6,8801077.1%
      Beaubassin East / Beaubassin-est, NB6,880n/a 
      Strasburg, VA6,8831066.3%
      Cherry Hills Village, CO6,878315215.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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