Cost of Living in Cherry Creek, CO

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

226.5

100 = national avg

+126.5 vs national average

Living Wage (1 Adult)

$99,663

per year

Living Wage (Family of 4)

$235,566

per year

Cost Index by Category

Housing
290.8
Food
162.8
Transportation
225.7
Healthcare
150.3
Utilities
175.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,754

per month

2 Bedroom

$2,089

per month

The overall cost of living index in Cherry Creek is 226.5, which is 126.5% above the national average. Housing costs are above the national average at an index of 290.8. A single adult needs to earn approximately $99,663 per year to cover basic expenses.