Cost of Living in Centennial, CO
2026 data for Centennial, CO • Population: 108,418
+18% more expensive than the US average (100)
1-Bedroom Rent
Average monthly rent for a one-bedroom apartment
2-Bedroom Rent
Average monthly rent for a two-bedroom apartment
Median Income
Median household income in Centennial
Population
Estimated population of Centennial
How Far Does Your Salary Go?
A salary in Centennial has different purchasing power than the national average. Use the equivalence below to understand what your salary is worth compared to the US average.
Formula: Your salary in Centennial ÷ COL index × 100 = equivalent national salary. A $42,373 national salary gives you the same purchasing power as $50,000 in Centennial.
Housing Affordability Analysis
Rent as % of Income
For a 1-bedroom apartment at median income. Experts suggest under 30% is affordable.
Monthly Rent to Income
Ratio of monthly income to monthly 1-bedroom rent.
What is a Cost of Living Index?
A cost of living index measures the relative cost of goods and services in a city compared to a national baseline (set at 100). An index of 150 means the city is 50% more expensive than average. An index of 80 means it's 20% cheaper than average.
The index typically includes housing, groceries, utilities, transportation, and healthcare—the major expense categories for households.
Compare with Other Cities
See how Centennial's cost of living stacks up against nearby and similar cities.
Financial Tools to Explore
Use these Pulsafi calculators to plan your finances based on Centennial's cost of living.
Salary Breakdown Calculator
See exactly how your salary breaks down into taxes and take-home pay.
Rent vs Buy Calculator
Compare the true costs of renting vs buying in your city.
Budget Calculator
Create a personalized budget based on your income and city.
Mortgage Calculator
Calculate monthly mortgage payments and total interest.
Cost of Living Guide for Centennial, CO
Overview
Centennial has a cost of living index of 118, making it 18% more expensive than the national average. With a population of 108,418 and a median household income of $98,420, understanding the true cost of living here is essential for financial planning.
Housing Market
The housing market in Centennial reflects its cost of living index. A one-bedroom apartment averages $1,550 per month, while a two-bedroom apartment costs approximately $2,000 per month. For renters, this typically consumes 18.9% of the median household income—within the recommended 30% threshold.
Income and Affordability
With a median household income of $98,420, Centennial residents earn slightly above the national median. When factoring in the local cost of living, a salary of $63,559in Centennial provides the same purchasing power as $75,000 nationally.
Moving to Centennial
Whether you're relocating for work or considering a move, understanding the cost of living in Centennial is crucial. Use our calculators to determine if your salary can support your desired lifestyle here. Consider not just rent, but also food, utilities, transportation, and healthcare when budgeting.
Saving and Investing
Once you understand your cost of living in Centennial, you can better plan your savings and investment strategy. Our financial tools help you determine how much you can realistically save each month and optimize your financial goals.
Frequently Asked Questions About Cost of Living in Centennial
How does the cost of living in Centennial compare to the national average?
Centennial has a cost of living index of 118, which means it's 18% more expensive than the US average of 100. This affects everything from housing to groceries and utilities.
Is a $63,559 salary good for Centennial?
A salary in Centennial has different purchasing power than elsewhere. A $63,559 salary in Centennial provides the same purchasing power as $75,000 nationally. Compare your salary to the median income of $98,420 to gauge your earning potential.
Can you afford to rent in Centennial?
With a median household income of $98,420, a one-bedroom apartment averaging $1,550 per month consumes 18.9% of income. Financial experts recommend keeping rent under 30% of gross income—this is within that threshold.
Related Data for Centennial, CO
Explore take-home pay, affordability, mortgages, and retirement benchmarks around Centennial's median income.
Take-home pay on $100,000 in Colorado
Federal tax, state tax, Social Security, and Medicare breakdown.
What you can afford on $100,000 in Colorado
Home price, rent, and monthly spending guidelines.
Tax brackets on $100,000 in Colorado
See exactly which federal and state brackets your income crosses.
$400,000 mortgage in Colorado
Monthly payment, property tax, and total interest at typical rates.
Retirement at 30 earning $100,000
Benchmarks, projections, and catch-up strategies.
Emergency fund target for $100,000
3, 6, 9, and 12-month targets at your income level.