Cost of Living in Cherry Hills Village, CO
Population 6,366 · Colorado · Data vintage 2023
(100 = US avg)
At $2 million, the typical home in Cherry Hills Village costs about 7× the national median, a premium characteristic of resort and luxury markets rather than primary-residence metros.
Cherry Hills Village sits roughly 5 miles northwest of Centennial — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 219% higher than Centennial's $627,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Cherry Hills Village
The median home value in Cherry Hills Village is $2,000,001 — 556% above the national median of $305,000. The median household income of $250,001/year is 235% higher than the US median of $74,580. The local unemployment rate is 3.7%, 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, Cherry Hills Village has a cost of living index of 656 versus the US average of 100, meaning it is 556% more expensive.
Cherry Hills Village has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Cherry Hills Village, CO?
Cherry Hills Village has a cost index of 656 (100 = national average). It is 556% above the national average.
What is the average home price in Cherry Hills Village?
The median home value in Cherry Hills Village is $2,000,001 according to Zillow and Census data.
What is the median income in Cherry Hills Village?
The median household income in Cherry Hills Village is $250,001 per year (2023 ACS 5-year estimates).
What is the sales tax in Cherry Hills Village, CO?
The combined state and local sales tax rate in Cherry Hills Village is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Cherry Hills Village, CO affordable?
Cherry Hills Village is above average in cost of living, with an index of 656 — about 556% higher than the national average.
Cherry Hills Village at a Glance
- Population
- 6,366
- Median Income
- $250,001
- Home Value
- $2,000,001
- Unemployment
- 3.7%
- Sales Tax
- 7.8%
Nearby Cities
Explore county-level cost of living data
Colorado Rankings
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