Cost of Living in Hillrose, CO

With a cost of living index of 94, Hillrose, CO is slightly more affordable than average. Living here is 6% cheaper than the national average and 20% below the Colorado state average of 114. Hillrose is a small community of 266 residents.

Housing costs are the biggest factor in Hillrose's cost of living. The median monthly rent is $1,363 (3% above the US median of $1,319), and the median home value sits at $204,800 (33% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.

The median household income in Hillrose is $72,083, which is 4% lower than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.