| Index | Frederick | Colorado | National |
| Cost of living | 134 | 115 | 100 |
| Groceries | 103 | 104 | 100 |
| Health care | 104 | 107 | 100 |
| Housing | 203 | 136 | 100 |
| Transportation | 104 | 106 | 100 |
| Utilities | 105 | 108 | 100 |
| Lifestyle & Entertainment | 104 | 107 | 100 |
| Household Items | 105 | 105 | 100 |
| Education & Childcare | 110 | 111 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Frederick? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Frederick stands at 134, making it 34% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
If you prioritize affordability when seeking a new place to live, Frederick may not be your ideal choice, as it ranks among the most expensive locations in the entire United States. A very small amount of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Frederick falls into this category, which may not align with your preferences for a budget-friendly living environment.
Housing costs make up a big chunk of the cost of living in Frederick, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 102.8% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Is Frederick an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Frederick, the median home price is 118.5% higher than what most folks pay across the country, and monthly rent prices are 66.1% higher than the usual rates. Income levels in Frederick come in at $160,116, which is 96.9% higher than the national average.
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 Frederick starts at 2.9% and the income tax rates start at 4.4%.
Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Frederick, healthcare costs are 3.6% higher than the national average.
Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In Frederick, the housing index comes in at 102.8% higher than the national average.
The Frederick cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $166,430 | $13,869 | $3,883 | $4,993 |
| Renters | $85,332 | $7,111 | $1,991 | $2,560 |
| 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. |
| Leyner, CO | 0 | 109 | 8.9% |
| Eldorado Springs, CO | 332 | 109 | 8.9% |
| Gilcrest, CO | 1,415 | 112 | 12.4% |
| Platteville, CO | 3,108 | 115 | 15.5% |
| Lochbuie, CO | 7,003 | 116 | 15.5% |
| Frederick, CO | 10,750 | 134 | 34.0% |
| City | Population | Cost of Living Index | National Avg. |
| Cusseta-Chattahoochee County, GA | 10,750 | 91 | 9.3% |
| Silverton, OR | 10,750 | 122 | 21.8% |
| Exeter, CA | 10,752 | 118 | 17.7% |
| Waterloo, IL | 10,746 | 98 | 2.2% |
| Vernal, UT | 10,754 | 101 | 0.7% |
| Frederick, CO | 10,750 | 134 | 34.0% |
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