F
32%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
97%
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 Firestone Colorado National
Cost of living132115100
Groceries103104100
Health care104107100
Housing197136100
Transportation104106100
Utilities105108100
Lifestyle & Entertainment104107100
Household Items105105100
Education & Childcare110111100
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An Overview of Cost of Living in Firestone, CO

Getting a feel for the cost of living in Firestone is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Firestone is 132, which is 32% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

If you value affordability in your search for a new place to live, Firestone may not be the most suitable option, as it stands out as one of the priciest areas in the entire United States. Only a small fraction of regions have a cost of living that is more than 20% higher than the national average, and regrettably, Firestone falls into this category, which may not align with your desire for an affordable place to call home.

When it comes to the cost of living in Firestone, 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 96.6% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.

Is Firestone Affordable?

Wondering if Firestone 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 Firestone, for example, the median home price is 103.9% higher than what folks pay nationally, and monthly rent is 79.7% higher than the usual rates. Plus, income levels matter too, with Firestone boasting a median household income of $144,670, which is 77.9% higher than the national average.

What Factors can Influence the Cost of Living in Firestone?

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.

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 Firestone, the transportation index is 3.7% higher than the national average.

Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Firestone, the groceries index is 3.2% higher than the national average.

Where is the Data From?

The cost of living data for Firestone shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.

Cost Of Living Quick Facts

  • The cost of living in Firestone is 15% higher than the Colorado average
  • The cost of living in Firestone is 32% higher than the national average
  • Firestone housing is 97% 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 Firestone

See all the best places to live around Firestone

Compare Firestone, CO Cost of Living

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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$149,158$12,430$3,480$4,475
      Renters$110,573$9,214$2,580$3,318
      A good way to judge both the affordability of the housing and the cost of living in Firestone is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Firestone has a median income of about $149,158 for people who own homes. Based on that number, a maximum of $3,480 should be spent on expenses related to housing. Renters have a slightly different median income, which is $110,573. Based on this average, renters should spend no more than $2,580 on all rental costs if they want to maintain a non-impoverished standard of living.

      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.
      Leyner, CO01098.9%
      Gilcrest, CO1,41511212.4%
      Platteville, CO3,10811515.5%
      Lochbuie, CO7,00311615.5%
      Fort Lupton, CO8,78711615.6%
      Firestone, CO13,56913232.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Bothell East, WA13,57117574.7%
      South Glengarry, ON13,573n/a 
      Mountain Park, GA13,5641098.9%
      Channahon, IL13,56111110.8%
      Shorewood, WI13,56112019.8%
      Firestone, CO13,56913232.2%
      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.