Sterling, CO, shows a cost of living index below the nationwide average of 100. Housing stands at 85, groceries at 90, utilities at 95, transportation at 85, healthcare at 92, and miscellaneous costs at 88. This data indicates that Sterling offers a more affordable lifestyle in key areas compared to the national average.
Overall, Sterling’s cost of living index totals 89. This places it 11% below the national average, suggesting that residents of Sterling may experience a lower cost of living in several important categories.
Sterling, CO, offers a cost of living that is noticeably different from the nationwide average, which is set at 100. Housing costs in Sterling are notably lower, with an index of 85. This means residents can expect to spend about 15% less on housing compared to the national average. Despite the lower housing costs, the overall cost of living remains competitive, offering potential savings for those looking to settle in Sterling.
Groceries and utilities in Sterling also present favorable conditions for residents. The grocery index is at 90, indicating that residents spend 10% less on food items than the national average. Utilities, with an index of 95, show a slight increase of 5% compared to the average. This slight increase is offset by the savings in other areas, making it easier for individuals to manage their budgets. Additionally, transportation costs are at 85, aligning closely with the national average, providing another area where residents can anticipate modest expenses.