| Index | Greenwood Village | Colorado | National |
| Cost of living | 199 | 115 | 100 |
| Groceries | 106 | 104 | 100 |
| Health care | 106 | 107 | 100 |
| Housing | 417 | 136 | 100 |
| Transportation | 103 | 106 | 100 |
| Utilities | 109 | 108 | 100 |
| Lifestyle & Entertainment | 106 | 107 | 100 |
| Household Items | 102 | 105 | 100 |
| Education & Childcare | 111 | 111 | 100 |
Getting a feel for the cost of living in Greenwood Village 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 Greenwood Village is 199, which is 99% 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, Greenwood Village 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, Greenwood Village falls into this category, which may not align with your desire for an affordable place to call home.
Housing costs are a very significant part of the Greenwood Village cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 316.6% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Is Greenwood Village 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 Greenwood Village, the median home price is 413.8% higher than what most folks pay across the country, and monthly rent prices are 89.7% higher than the usual rates. Income levels in Greenwood Village come in at $188,442, which is 131.7% higher than the national average.
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 Greenwood Village, the utilities index is 8.8% higher than the national average.
Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.
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 Greenwood Village, healthcare costs are 6% higher than the national average.
The Greenwood Village cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as 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 | $282,943 | $23,579 | $6,602 | $8,489 |
| Renters | $141,079 | $11,757 | $3,292 | $4,233 |
| 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% |
| Lakeside, CO | 6 | 90 | 10.0% |
| North Washington, CO | 676 | 99 | 0.9% |
| Sheridan, CO | 6,195 | 116 | 16.0% |
| Glendale, CO | 5,325 | 119 | 19.3% |
| Greenwood Village, CO | 15,570 | 199 | 99.0% |
| City | Population | Cost of Living Index | National Avg. |
| Newton, IA | 15,563 | 88 | 11.6% |
| Tonawanda city, NY | 15,560 | 94 | 5.6% |
| St. Augustine, FL | 15,581 | 116 | 16.5% |
| Graham, NC | 15,581 | 93 | 7.0% |
| Weston, WI | 15,555 | 95 | 4.7% |
| Greenwood Village, CO | 15,570 | 199 | 99.0% |
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