Cost of Living in Sherrelwood, CO
Population 19,368 · Colorado · Data vintage 2023
(100 = US avg)
Sherrelwood sits on the smaller end of the Colorado city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Geographically, Sherrelwood is part of the immediate Westminster metro area. Median home values run roughly 17% lower than Westminster's $497,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Sherrelwood
The median home value in Sherrelwood is $412,200 — 35% above the national median of $305,000. Median rent runs $1,627/month, 24% higher than the national median of $1,314/month. The median household income of $73,849/year is 1% lower 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, Sherrelwood has a cost of living index of 131 versus the US average of 100, meaning it is 31% 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 Sherrelwood, CO?
Sherrelwood has a cost index of 131 (100 = national average). It is 31% above the national average.
What is average rent in Sherrelwood, CO?
The median gross rent in Sherrelwood is $1,627 per month based on 2023 Census data.
What is the average home price in Sherrelwood?
The median home value in Sherrelwood is $412,200 according to 2023 Census ACS data.
What is the median income in Sherrelwood?
The median household income in Sherrelwood is $73,849 per year (2023 ACS 5-year estimates).
What is the sales tax in Sherrelwood, CO?
The combined state and local sales tax rate in Sherrelwood is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Sherrelwood, CO affordable?
Sherrelwood is above average in cost of living, with an index of 131 — about 31% higher than the national average.
Sherrelwood at a Glance
- Population
- 19,368
- Median Income
- $73,849
- Home Value
- $412,200
- Median Rent
- $1,627/mo
- Unemployment
- 4.4%
- Sales Tax
- 7.8%
Nearby Cities
Explore county-level cost of living data
Colorado Rankings
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