Cost of Living in Edgewater, CO
Population 4,955 · Colorado · Data vintage 2023
(100 = US avg)
$603,000 is the going rate for a typical Edgewater home, 98% over the national median. Rents of $1,468/month track the same premium. At 6.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 5 miles northeast of Lakewood, Edgewater falls within that metro's commuting orbit. Median home values run roughly 10% higher than Lakewood's $548,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Edgewater
The median home value in Edgewater is $603,400 — 98% above the national median of $305,000. Median rent runs $1,468/month, 12% higher than the national median of $1,314/month. The median household income of $74,320/year is equal to than the US median of $74,580. The local unemployment rate is 6.2%, above 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, Edgewater has a cost of living index of 163 versus the US average of 100, meaning it is 63% more expensive.
Edgewater 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
💰 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 Edgewater, CO?
Edgewater has a cost index of 163 (100 = national average). It is 63% above the national average.
What is average rent in Edgewater, CO?
The median gross rent in Edgewater is $1,468 per month based on 2023 Census data.
What is the average home price in Edgewater?
The median home value in Edgewater is $603,400 according to Zillow and Census data.
What is the median income in Edgewater?
The median household income in Edgewater is $74,320 per year (2023 ACS 5-year estimates).
What is the sales tax in Edgewater, CO?
The combined state and local sales tax rate in Edgewater is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Edgewater, CO affordable?
Edgewater is above average in cost of living, with an index of 163 — about 63% higher than the national average.
Edgewater at a Glance
- Population
- 4,955
- Median Income
- $74,320
- Home Value
- $603,400
- Median Rent
- $1,468/mo
- Unemployment
- 6.2%
- Sales Tax
- 7.8%
Nearby Cities
Explore county-level cost of living data
Colorado Rankings
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