Cost of Living in Sierra Ridge, CO
Population 3,264 · Colorado · Data vintage 2023
(100 = US avg)
Housing in Sierra Ridge sits 176% above the national median — $840,000 for the typical home — but median household incomes near $156,456 (110% above the US figure) soften the blow that similar pricing creates in lower-wage metros. The labor market has been unusually tight, with unemployment around 1.4% — below most comparable cities in the state.
Geographically, Sierra Ridge sits roughly 5 miles southeast of Centennial. Median home values run roughly 34% higher than Centennial's $627,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Sierra Ridge
The median home value in Sierra Ridge is $840,300 — 176% above the national median of $305,000. Median rent runs $1,487/month, 13% higher than the national median of $1,314/month. The median household income of $156,456/year is 110% higher than the US median of $74,580. The local unemployment rate is 1.4%, 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, Sierra Ridge has a cost of living index of 211 versus the US average of 100, meaning it is 111% more expensive.
Sierra Ridge 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 Sierra Ridge, CO?
Sierra Ridge has a cost index of 211 (100 = national average). It is 111% above the national average.
What is average rent in Sierra Ridge, CO?
The median gross rent in Sierra Ridge is $1,487 per month based on 2023 Census data.
What is the average home price in Sierra Ridge?
The median home value in Sierra Ridge is $840,300 according to 2023 Census ACS data.
What is the median income in Sierra Ridge?
The median household income in Sierra Ridge is $156,456 per year (2023 ACS 5-year estimates).
What is the sales tax in Sierra Ridge, CO?
The combined state and local sales tax rate in Sierra Ridge is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Sierra Ridge, CO affordable?
Sierra Ridge is above average in cost of living, with an index of 211 — about 111% higher than the national average.
Sierra Ridge at a Glance
- Population
- 3,264
- Median Income
- $156,456
- Home Value
- $840,300
- Median Rent
- $1,487/mo
- Unemployment
- 1.4%
- Sales Tax
- 7.8%
Nearby Cities
Explore county-level cost of living data
Colorado Rankings
Similar Cost Cities
Cities in other states with comparable housing costs