| Index | Erie | Colorado | National |
| Cost of living | 153 | 115 | 100 |
| Groceries | 102 | 104 | 100 |
| Health care | 104 | 107 | 100 |
| Housing | 267 | 136 | 100 |
| Transportation | 103 | 106 | 100 |
| Utilities | 108 | 108 | 100 |
| Lifestyle & Entertainment | 111 | 107 | 100 |
| Household Items | 105 | 105 | 100 |
| Education & Childcare | 104 | 111 | 100 |
Knowing the cost of living in Erie allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Erie stands at 153, marking it 53% higher than the national average.
If you're in pursuit of an economical living environment, Erie may not fit the bill, as it ranks among the most expensive places to reside in the United States. Just a minority of regions exhibit a cost of living that is more than 20% higher than the national average, and, unfortunately, Erie falls within this bracket.
When it comes to the cost of living in Erie, housing costs are a real heavyweight, often hogging a significant chunk of your earnings. Sadly, in this area, housing expenses for both buying and renting were 166.8% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.
Wondering if Erie is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Erie, for example, the median home price is 186.8% higher than what folks pay nationally, and monthly rent is 120.3% higher than the usual rates. Plus, income levels matter too, with Erie boasting a median household income of $186,042, which is 128.7% higher than the national average.
Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Erie, the healthcare costs are 3.5% higher than the national average.
Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.
Utilities: Similar to the prices of any other goods or services, utility expenditures can exhibit substantial variability, influenced by factors such as climate, energy sources accessibility, geographical location and state regulations. Costs related to electricity, water, heating, and waste disposal can fluctuate, whether higher or lower, contingent on the city or state. In Erie, the utilities index is 7.9% higher than the national average.
The Erie cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $210,172 | $17,514 | $4,904 | $6,306 |
| Renters | $107,874 | $8,990 | $2,517 | $3,237 |
| State | General Sales Tax | With Max Surtax |
| Colorado | 2.9% | 10% |
| State | Income Tax (Low) | Income Tax (High) |
| Colorado | 4.4% | 4.4% |
| City | Population | Cost of Living Index | National Avg. |
| Eldorado Springs, CO | 332 | 109 | 8.9% |
| Leyner, CO | 0 | 109 | 8.9% |
| Federal Heights, CO | 14,024 | 95 | 5.1% |
| Derby, CO | 9,365 | 111 | 10.6% |
| Welby, CO | 15,922 | 117 | 17.0% |
| Erie, CO | 28,201 | 153 | 53.2% |
| City | Population | Cost of Living Index | National Avg. |
| Horn Lake, MS | 28,196 | 90 | 10.0% |
| Bergenfield, NJ | 28,186 | 133 | 33.4% |
| Mililani Town, HI | 28,249 | 185 | 85.0% |
| Oak Forest, IL | 28,144 | 104 | 3.9% |
| Easton, PA | 28,264 | 94 | 6.4% |
| Erie, CO | 28,201 | 153 | 53.2% |
Here are the best places to live in Colorado
Check out the 10 safest cities in Colorado
Safest States In The US
See the best places to live in Erie