Cost of Living in Inverness, CO
Population 3,088 · Colorado · Data vintage 2023
(100 = US avg)
Home prices in Inverness run well above the national baseline, with a median of $800,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $104,636 place the city among the better-paid Colorado metros.
Geographically, Inverness is part of the immediate Centennial metro area. Median home values run roughly 28% higher than Centennial's $627,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Inverness
The median home value in Inverness is $799,600 — 162% above the national median of $305,000. Median rent runs $2,036/month, 55% higher than the national median of $1,314/month. The median household income of $104,636/year is 40% higher than the US median of $74,580. The local unemployment rate is 4.5%, 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%. The climate averages highs of 63.6°F and lows of 36.7°F. Overall, Inverness has a cost of living index of 219 versus the US average of 100, meaning it is 119% more expensive.
Inverness 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 45 | 46 | 54 | 60 | 69 | 81 | 87 | 85 | 77 | 64 | 52 | 44 |
| Low °F | 19 | 20 | 27 | 34 | 43 | 52 | 59 | 57 | 49 | 36 | 26 | 19 |
| Precip" | 0.41 | 0.43 | 1.04 | 1.94 | 2.04 | 1.98 | 1.76 | 2.25 | 1.29 | 1.00 | 0.53 | 0.35 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Inverness, CO?
Inverness has a cost index of 219 (100 = national average). It is 119% above the national average.
What is average rent in Inverness, CO?
The median gross rent in Inverness is $2,036 per month based on 2023 Census data.
What is the average home price in Inverness?
The median home value in Inverness is $799,600 according to 2023 Census ACS data.
What is the median income in Inverness?
The median household income in Inverness is $104,636 per year (2023 ACS 5-year estimates).
What is the sales tax in Inverness, CO?
The combined state and local sales tax rate in Inverness is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Inverness, CO affordable?
Inverness is above average in cost of living, with an index of 219 — about 119% higher than the national average.
What is the weather like in Inverness?
Inverness has average high temperatures of 63.6°F and average lows of 36.7°F. Annual precipitation is 15". Data from NOAA 1991–2020 Climate Normals.
Inverness at a Glance
- Population
- 3,088
- Median Income
- $104,636
- Home Value
- $799,600
- Median Rent
- $2,036/mo
- Unemployment
- 4.5%
- Avg High Temp
- 63.6°F
- Sales Tax
- 7.8%
Nearby Cities
Explore county-level cost of living data
Colorado Rankings
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