Federal Heights, CO, shows a higher cost of living compared to the nationwide average. The overall cost of living index in Federal Heights is 106, which is 6% higher than the national average of 100. This increase is primarily due to higher housing costs, which are 20% above the average.
Transportation costs are also 10% higher, while groceries and utilities are slightly above the average. Healthcare costs remain in line with the national average, and miscellaneous expenses are just 2% higher. Job seekers should consider these factors when planning their budget in Federal Heights.
Federal Heights, CO, shows a higher cost of living in several key areas compared to the nationwide average. Housing costs in Federal Heights are 20% higher than the national average, with an index of 120. This means that housing expenses, such as rent or mortgage payments, are significantly more expensive for residents in this area. Groceries also cost more, with an index of 105, indicating a 5% increase over the national average. This suggests that everyday food purchases are slightly more costly for those living in Federal Heights.
Transportation costs in Federal Heights are 10% higher than the national average, with an index of 110. This includes expenses related to owning and operating a vehicle, as well as public transportation. Utilities, however, are slightly lower, with an index of 95, meaning they are 5% cheaper than the national average. Healthcare costs remain on par with the national average, with an index of 100, indicating no significant difference in this category. Miscellaneous costs, which cover a range of other expenses, are 2% higher than the national average, with an index of 102. Overall, Federal Heights presents a mixed picture of cost of living, with some areas being notably more expensive than the national average.
