Cost of Living in Parker, CO

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

Cost of Living Overview

Overall Index

196.3

100 = national avg

+96.3 vs national average

Living Wage (1 Adult)

$86,372

per year

Living Wage (Family of 4)

$204,151

per year

Cost Index by Category

Housing
242.7
Food
148.9
Transportation
197.7
Healthcare
139.1
Utilities
157.9

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 Parker is 196.3, which is 96.3% above the national average. Housing costs are above the national average at an index of 242.7. A single adult needs to earn approximately $86,372 per year to cover basic expenses.