Cost of Living in Dakota Ridge, CO
Population 34,159 · Colorado · Data vintage 2023
(100 = US avg)
Dakota Ridge's housing market reflects its status as a high-earning metro: $570,000 for a typical home, 87% above the US median, paired with household incomes around $120,368 that put it in the upper third of the state. The labor market has been unusually tight, with unemployment around 2.8% — below most comparable cities in the state.
Geographically, Dakota Ridge sits roughly 6 miles south of Lakewood. Housing prices track closely with Lakewood's $548,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Dakota Ridge
The median home value in Dakota Ridge is $570,400 — 87% above the national median of $305,000. Median rent runs $2,103/month, 60% higher than the national median of $1,314/month. The median household income of $120,368/year is 61% higher than the US median of $74,580. The local unemployment rate is 2.8%, 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, Dakota Ridge has a cost of living index of 176 versus the US average of 100, meaning it is 76% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 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 Dakota Ridge, CO?
Dakota Ridge has a cost index of 176 (100 = national average). It is 76% above the national average.
What is average rent in Dakota Ridge, CO?
The median gross rent in Dakota Ridge is $2,103 per month based on 2023 Census data.
What is the average home price in Dakota Ridge?
The median home value in Dakota Ridge is $570,400 according to Zillow and Census data.
What is the median income in Dakota Ridge?
The median household income in Dakota Ridge is $120,368 per year (2023 ACS 5-year estimates).
What is the sales tax in Dakota Ridge, CO?
The combined state and local sales tax rate in Dakota Ridge is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Dakota Ridge, CO affordable?
Dakota Ridge is above average in cost of living, with an index of 176 — about 76% higher than the national average.
Dakota Ridge at a Glance
- Population
- 34,159
- Median Income
- $120,368
- Home Value
- $570,400
- Median Rent
- $2,103/mo
- Unemployment
- 2.8%
- Sales Tax
- 7.8%
Nearby Cities
Explore county-level cost of living data
Colorado Rankings
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