Federal Heights, CO, has a higher cost of living compared to the nationwide average. The overall cost of living index in Federal Heights stands at 106, which is 6% higher than the national average of 100. Housing costs are the most significant contributor, with an index of 115, indicating a 15% increase. This data suggests that job seekers should consider these higher costs when planning their relocation.
Federal Heights, Colorado, shows a cost of living index that varies across different categories when compared to the nationwide average. Housing costs in Federal Heights stand at 115, which is 15% higher than the national average. This means that housing expenses, such as rent and mortgage payments, are significantly more expensive in Federal Heights. Groceries, another key expense, have an index of 102, indicating a 2% increase over the national average. This slight rise suggests that food costs are relatively close to the nationwide average.
Utilities, including electricity, gas, and water, have an index of 105 in Federal Heights, which is 5% higher than the national average. Transportation costs, however, are slightly lower, with an index of 98, representing a 2% decrease. Healthcare costs, which are often a major concern, are 10% higher in Federal Heights, with an index of 110. Miscellaneous expenses, such as entertainment and personal care, have an index of 104, showing a 4% increase. Overall, Federal Heights presents a mixed picture with some categories above and others below the national average, offering insights for job seekers considering the area.
