Sterling, CO, presents a cost of living that is notably lower than the nationwide average. The overall cost of living index for Sterling stands at 88, which is 12% below the national benchmark of 100. This lower cost of living makes Sterling an attractive option for job seekers looking to maximize their purchasing power.
Specifically, housing costs in Sterling are 20% lower than the national average, while groceries and utilities are slightly above average. Transportation and miscellaneous expenses also remain below the national average, offering additional savings. This combination of lower costs across several key areas makes Sterling a financially prudent choice for those relocating.
Sterling, CO, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Sterling stand at 80, indicating that residents can expect to pay 20% less than the national average for housing. This reduction can be a significant advantage for those looking to purchase or rent homes in the area.
Additionally, the cost of groceries in Sterling is slightly below the average, with an index of 90. This means that grocery expenses are 10% less than what one might find in other parts of the country. Utilities, however, are close to the national average, with an index of 95, suggesting a modest 5% increase. Transportation costs in Sterling are also lower, at 85, which translates to a 15% savings compared to the national average. Healthcare costs remain on par with the national average, with an index of 100, offering no significant cost difference. Miscellaneous expenses, with an index of 88, are 12% lower than the national average. Overall, Sterling offers a cost of living that is attractive for those looking to reduce their expenses without compromising on quality.
