Cost of Living in Gleneagle, CO

Population 6,207 · Colorado · Data vintage 2023

175
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Gleneagle's housing market reflects its status as a high-earning metro: $571,000 for a typical home, 87% above the US median, paired with household incomes around $137,105 that put it in the upper third of the state. An unemployment rate of 2.6% points to a labor market well on the tight side of the national distribution.

Geographically, Gleneagle sits roughly 12 miles north of Colorado Springs. Median home values run roughly 36% higher than Colorado Springs' $421,000.

Cost Overview

Housing 187
Rent 156

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

About the Cost of Living in Gleneagle

The median home value in Gleneagle is $570,700 — 87% above the national median of $305,000. Median rent runs $2,051/month, 56% higher than the national median of $1,314/month. The median household income of $137,105/year is 84% higher than the US median of $74,580. The local unemployment rate is 2.6%, 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, Gleneagle has a cost of living index of 175 versus the US average of 100, meaning it is 75% more expensive.

🏠 Housing

Median Home Value
$570,700
87% above avg
Median Rent
$2,051/mo
56% above avg
Price-to-Rent Ratio
23.2x
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 83.1%
Renter-occupied 16.9%

💰 Estimated Monthly Budget

Rent median rent
$2,051
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,665/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
30.3 min
12% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
26.9%

Commute Mode

Drove alone
67.1%
Carpooled
4.3%
Work from home
26.9%

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
$137,105
84% above avg
Per Capita Income
$53,411
Unemployment Rate
2.6%
46% below avg
Poverty Rate
5.2%
Labor Force Participation
67.7%

🎓 Education

Bachelor's degree+ 37.8%
Graduate degree 27.6%

👥 Demographics

Median Age 43.8
Male median age 41
Female median age 51

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
65.8%
Good air days/yr
154
Max AQI recorded
31
PM2.5 days
334
Ozone days

Frequently Asked Questions

What is the cost of living in Gleneagle, CO?

Gleneagle has a cost index of 175 (100 = national average). It is 75% above the national average.

What is average rent in Gleneagle, CO?

The median gross rent in Gleneagle is $2,051 per month based on 2023 Census data.

What is the average home price in Gleneagle?

The median home value in Gleneagle is $570,700 according to 2023 Census ACS data.

What is the median income in Gleneagle?

The median household income in Gleneagle is $137,105 per year (2023 ACS 5-year estimates).

What is the sales tax in Gleneagle, CO?

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

Is Gleneagle, CO affordable?

Gleneagle is above average in cost of living, with an index of 175 — about 75% higher than the national average.

Gleneagle at a Glance

Population
6,207
Median Income
$137,105
Home Value
$570,700
Median Rent
$2,051/mo
Unemployment
2.6%
Sales Tax
7.8%
View all cities in Colorado →
🗺️ County data for Colorado

Explore county-level cost of living data

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