Cost of Living in Federal Heights, CO

With a cost of living index of 95, Federal Heights, CO is slightly more affordable than average. Living here is 5% cheaper than the national average and 19% below the Colorado state average of 114. Federal Heights is a smaller community of 14,160 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Federal Heights's cost of living. The median monthly rent is $1,655 (25% above the US median of $1,319), and the median home value sits at $91,300 (70% below the national median of $304,900). At current prices, the median home costs roughly 1.6x the median household income — well within traditional affordability guidelines.

The median household income in Federal Heights is $57,957, which is 23% lower than the national median of $75,149. Residents spend roughly 34% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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.