Cost of Living in Castle Rock, CO

Population 76,614 · Colorado · Data vintage 2023

182
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Castle Rock sits 104% above the national median — $622,000 for the typical home — but median household incomes near $143,031 (92% above the US figure) soften the blow that similar pricing creates in lower-wage metros.

Geographically, Castle Rock sits roughly 13 miles southeast of Highlands Ranch. Median home values run roughly 8% lower than Highlands Ranch's $673,000.

Cost Overview

Housing 204
Rent 148

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Castle Rock

The median home value in Castle Rock is $621,700 — 104% above the national median of $305,000. Median rent runs $1,946/month, 48% higher than the national median of $1,314/month. The median household income of $143,031/year is 92% higher than the US median of $74,580. The local unemployment rate is 4.5%, below the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. Overall, Castle Rock has a cost of living index of 182 versus the US average of 100, meaning it is 82% more expensive.

🏠 Housing

Median Home Value
$621,700
104% above avg
Zillow Home Value
$666,007
Zillow ZHVI
Median Rent
$1,946/mo
48% above avg
Zillow Rent
$2,113/mo
Zillow ZORI
Price-to-Rent Ratio
26.6x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$884
1 BR
$960
2 BR
$1,251
3 BR
$1,611
4 BR
$2,004
Owner-occupied 78.8%
Renter-occupied 21.2%

💰 Estimated Monthly Budget

Rent median rent
$1,946
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,560/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.1 min
15% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
25.3%

Commute Mode

Drove alone
66.5%
Carpooled
5.4%
Public transit
0.2%
Walked
1.7%
Bicycle
0.1%
Work from home
25.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.4%
Total Sales Tax 7.8%
State rate 2.9%
Avg local rate 4.9%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$143,031
92% above avg
Per Capita Income
$58,993
Unemployment Rate
4.5%
6% below avg
Poverty Rate
3.8%
Labor Force Participation
74.5%

🎓 Education

Bachelor's degree+ 36.8%
Graduate degree 18.1%

👥 Demographics

Median Age 35.8
Male median age 36.1
Female median age 35.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
54.9%
Good air days/yr
177
Max AQI recorded
48
PM2.5 days
316
Ozone days

Frequently Asked Questions

What is the cost of living in Castle Rock, CO?

Castle Rock has a cost index of 182 (100 = national average). It is 82% above the national average.

What is average rent in Castle Rock, CO?

The median gross rent in Castle Rock is $1,946 per month based on 2023 Census data.

What is the average home price in Castle Rock?

The median home value in Castle Rock is $621,700 according to Zillow and Census data.

What is the median income in Castle Rock?

The median household income in Castle Rock is $143,031 per year (2023 ACS 5-year estimates).

What is the sales tax in Castle Rock, CO?

The combined state and local sales tax rate in Castle Rock is 7.8%. The Colorado state income tax top rate is 4.4%.

Is Castle Rock, CO affordable?

Castle Rock is above average in cost of living, with an index of 182 — about 82% higher than the national average.

Castle Rock at a Glance

Population
76,614
Median Income
$143,031
Home Value
$621,700
Median Rent
$1,946/mo
Unemployment
4.5%
Sales Tax
7.8%
View all cities in Colorado →
🗺️ County data for Colorado

Explore county-level cost of living data

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