Cost of Living in Firestone, CO

Population 17,353 · Colorado · Data vintage 2023

159
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Firestone is effectively a commuter community: the average resident spends 35 minutes each way getting to work, well above the 27-minute US median. Housing costs ($512,000 for a typical home) tend to reflect the tradeoff between price and access.

Geographically, Firestone sits roughly 15 miles north of Thornton. Housing prices track closely with Thornton's $482,000 median.

Cost Overview

Housing 168
Rent 146

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

About the Cost of Living in Firestone

The median home value in Firestone is $511,800 — 68% above the national median of $305,000. Median rent runs $1,916/month, 46% higher than the national median of $1,314/month. The median household income of $114,591/year is 54% higher than the US median of $74,580. The local unemployment rate is 4.4%, 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, Firestone has a cost of living index of 159 versus the US average of 100, meaning it is 59% more expensive.

🏠 Housing

Median Home Value
$511,800
68% above avg
Zillow Home Value
$567,215
Zillow ZHVI
Median Rent
$1,916/mo
46% above avg
Zillow Rent
$2,520/mo
Zillow ZORI
Price-to-Rent Ratio
22.3x
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 80.3%
Renter-occupied 19.7%

💰 Estimated Monthly Budget

Rent median rent
$1,916
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,530/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
35.1 min
30% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.1%

Commute Mode

Drove alone
74.9%
Carpooled
9.2%
Public transit
0.5%
Walked
0.8%
Work from home
13.1%

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
$114,591
54% above avg
Per Capita Income
$45,760
Unemployment Rate
4.4%
9% below avg
Poverty Rate
3.9%
Labor Force Participation
74.7%

🎓 Education

Bachelor's degree+ 22.4%
Graduate degree 11.4%

👥 Demographics

Median Age 35.6
Male median age 35
Female median age 37

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 55 — Moderate
40%
Good air days/yr
162
Max AQI recorded
102
PM2.5 days
263
Ozone days

Frequently Asked Questions

What is the cost of living in Firestone, CO?

Firestone has a cost index of 159 (100 = national average). It is 59% above the national average.

What is average rent in Firestone, CO?

The median gross rent in Firestone is $1,916 per month based on 2023 Census data.

What is the average home price in Firestone?

The median home value in Firestone is $511,800 according to Zillow and Census data.

What is the median income in Firestone?

The median household income in Firestone is $114,591 per year (2023 ACS 5-year estimates).

What is the sales tax in Firestone, CO?

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

Is Firestone, CO affordable?

Firestone is above average in cost of living, with an index of 159 — about 59% higher than the national average.

Firestone at a Glance

Population
17,353
Median Income
$114,591
Home Value
$511,800
Median Rent
$1,916/mo
Unemployment
4.4%
Sales Tax
7.8%
View all cities in Colorado →
🗺️ County data for Colorado

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs