Firestone, CO, features a cost of living that slightly exceeds the nationwide average. Specifically, the cost of living index in Firestone is 103, which is 3% higher than the national benchmark of 100. Firestone residents can expect to pay more for housing, with an index of 112, marking a 12% increase over the average.
When looking at specific categories, housing stands out as significantly more expensive. Conversely, transportation costs are slightly lower, with an index of 95. This suggests that while housing may be a major expense, commuting and other transportation-related costs are more affordable in Firestone compared to the average American city.
Firestone, CO, showcases a cost of living that is slightly above the nationwide average. The housing index in Firestone stands at 112, reflecting a 12% increase over the national baseline. This means that housing costs in Firestone are 12% higher than the average cost across the country. Residents will find that they need to budget more for home ownership or rental compared to other areas.
Looking at other expenses, Firestone residents experience varied costs. Groceries in Firestone are 2% below the national average, with an index of 98. Utilities follow closely at 105, which is 5% higher. Transportation costs are a bit lower, with an index of 95, showing a 5% decrease. Healthcare costs align exactly with the national average at 100, indicating no change. Miscellaneous costs stand at 102, a modest 2% above the national average. This combination of indices presents a balanced picture of living costs in Firestone, CO.