Cost of living in Loveland
Loveland, located in Colorado, is known for its scenic beauty and vibrant community. Understanding the cost of living in Loveland is crucial for anyone considering moving to or residing in this charming city.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $15 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $74, with prices ranging from $50 to $85.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12, with a range between $11 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $5, imported beer $6 to $7.5, cappuccino $2.5 to $7, and Coke/Pepsi $2 to $3.
Grocery Prices
- Milk - Milk is priced between $0.68 and $1.21 per liter, averaging $0.99.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.65 and $4.96, with an average price of $3.44.
- Eggs (Dozen) - A dozen eggs range from $2 to $5, averaging $3.37.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.28 to $6.59 per kg, while oranges range from $2.2 to $5.49 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.96 and $2.2 per kg, and lettuce costs $2 to $3 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2.5, with taxi fares starting at $2.5 and $1.86 per km.
- Fuel (Gasoline) - Gasoline is priced between $0.68 and $0.99 per liter.
- Taxi Fares - Taxi fares start at $2.5, with a cost of $1.86 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 ranges from $1800 to $1900, averaging $1850.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1506 to $1800, averaging $1630.33.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $2500 to $2600, averaging $2550.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $2003 to $2320, averaging $2207.67.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $90 and $242.86, averaging $167.02.
- Internet - Internet services range from $50 to $130, with an average cost of $65.
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
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Loveland offers a moderate cost of living with reasonable housing and dining expenses. While some costs like utilities and internet can vary, the overall expenses are manageable.
For those looking to save, consider living outside the city centre where rental prices are lower, and explore local markets for groceries to find the best deals.
Conclusion
In conclusion, Loveland, CO, presents a balanced cost of living that caters to a variety of lifestyles. With its affordable dining options and competitive housing market, it is an attractive option for both families and individuals.
Potential residents should weigh the benefits of living in a scenic and community-focused city against the costs, ensuring that it aligns with their financial goals and lifestyle preferences.