| Index | Federal Heights | Colorado | National |
| Cost of living | 95 | 115 | 100 |
| Groceries | 102 | 104 | 100 |
| Health care | 105 | 107 | 100 |
| Housing | 69 | 136 | 100 |
| Transportation | 107 | 106 | 100 |
| Utilities | 111 | 108 | 100 |
| Lifestyle & Entertainment | 107 | 107 | 100 |
| Household Items | 103 | 105 | 100 |
| Education & Childcare | 112 | 111 | 100 |
Understanding the cost of living in Federal Heights can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Federal Heights cost of living index is 95, which is 5% lower than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.
The cost of living in Federal Heights closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Federal Heights can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Is Federal Heights an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Federal Heights is 61% lower than the national average, while the average monthly rent prices are 38.3% higher than average. The affordability of any location can also be influenced by median income levels. Federal Heights has a median household income of $73,880, which is 9.2% lower than the national average.
Subsidies: Some areas might offer government subsidies or assistance programs that help lower cost of living for residents. These programs can include anything from 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 crop subsidies. Areas that offer less subsidies, could see an increase in their cost of living.
Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday household expenses like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in Federal Heights starts at 2.9% and the income tax rates start at 4.4%.
Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Federal Heights, the transportation index is 6.5% higher than the national average.
The cost of living estimates displayed for Federal Heights are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
| 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 | $80,680 | $6,723 | $1,882 | $2,421 |
| Renters | $63,135 | $5,261 | $1,473 | $1,894 |
| 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. |
| Glendale CDP, CO | 80 | 109 | 9.1% |
| Leyner, CO | 0 | 109 | 8.9% |
| Eldorado Springs, CO | 332 | 109 | 8.9% |
| Lakeside, CO | 6 | 90 | 10.0% |
| North Washington, CO | 676 | 99 | 0.9% |
| Federal Heights, CO | 14,024 | 95 | 5.1% |
| City | Population | Cost of Living Index | National Avg. |
| Teays Valley, WV | 14,024 | 103 | 3.2% |
| Elizabethton, TN | 14,021 | 88 | 11.8% |
| Blytheville, AR | 14,019 | 82 | 18.4% |
| Andover, KS | 14,032 | 106 | 6.2% |
| Grand Falls-Windsor, NL | 14,032 | n/a | |
| Federal Heights, CO | 14,024 | 95 | 5.1% |
Here are the best places to live in Colorado
Check out the 10 safest cities in Colorado
Most Dangerous States In The US
Safest Cities In The US