Cost of living in Golden
Golden, Colorado, is a charming city known for its rich history and scenic beauty. Understanding the cost of living here is crucial for anyone considering a move or planning to budget effectively.
This guide provides a detailed breakdown of the expenses you can expect in Golden, from dining and groceries to housing and transportation.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $18 on average, with a range between $15 and $50.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $75, with prices ranging from $50 to $115.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $10 and $14.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $12, imported beer $5 to $9, cappuccino $3 to $9, and Coke/Pepsi $2 to $6.
Grocery Prices
- Milk - Milk is priced between $0.92 and $1.32 per liter, averaging $1.04.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $4.96, with an average price of $3.19.
- Eggs (Dozen) - A dozen eggs range from $2.4 to $5.54, averaging $4.31.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.84 to $4.41 per kg, while oranges range from $2.2 to $8.82 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.72 and $8.82 per kg, and lettuce costs $1.49 to $2 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.71 and $1.05 per liter.
- Taxi Fares - Taxi fares start at $2.5, with a cost of $1.4 per km and $25 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $3000.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $2600.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $134.21 and $275, averaging $192.37.
- Internet - Internet services range from $70 to $110, with an average cost of $70.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Childcare
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"Key Takeaways"
Golden, CO, presents a relatively high cost of living, particularly in housing and dining.
While groceries and utilities are moderately priced, transportation costs can add up, especially for those relying on taxis.
Prospective residents should budget carefully, especially for housing, which is a significant expense.
Conclusion
In conclusion, Golden, CO, offers a beautiful living environment with a cost of living that reflects its desirability.
Potential residents should be prepared for higher housing costs and plan their budgets accordingly to enjoy all that Golden has to offer.