Cost of Living in Sheridan Lake, CO

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

Cost of Living Overview

Overall Index

58.3

100 = national avg

-41.7 vs national average

Living Wage (1 Adult)

$25,656

per year

Living Wage (Family of 4)

$60,641

per year

Cost Index by Category

Housing
35.8
Food
79.9
Transportation
59.7
Healthcare
83.9
Utilities
75.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$873

per month

2 Bedroom

$1,146

per month

The overall cost of living index in Sheridan Lake is 58.3, which is 41.7% below the national average. Housing costs are below the national average at an index of 35.8. A single adult needs to earn approximately $25,656 per year to cover basic expenses.