Cost of Living in Cherry Hills Village, CO

With a cost of living index of 241, Cherry Hills Village, CO is one of the most expensive cities in the United States. Living here is 141% more expensive than the national average and 127% above the Colorado state average of 114. Cherry Hills Village is a smaller community of 6,366 residents, where everyday costs can differ substantially from nearby larger cities.

The median household income in Cherry Hills Village is $250,001, which is 233% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Everyday prices in the Denver-Aurora-Centennial, CO (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.