Cost of Living in Centennial
Colorado's youngest city, 110K people, Cherry Creek schools, and a quiet suburban identity
What it costs to live in Centennial
Adjust the sliders for your situation. Ranges reflect uncertainty in HOA and metro district fees, narrower is more confident.
Based on your inputs below
Assumes 20% down, 30-year fixed at 6.5% (as of 2026-04-22).
Housing$3,782 – $4,182 | |
|---|---|
| Mortgage (6.5%, 20% down) | $3,236 |
| Property tax | $379 |
| HOA | $0 – $200 |
| Insurance | $167 |
| Metro district fees | not yet verified |
Transportation$571 | |
|---|---|
| Car payments (your input) | $500 |
| Gas (~25 min to downtown) | $71 |
Utilities$350 | |
|---|---|
| Electric & gas (Xcel Energy (electric and gas)) | $205 |
| Water (Denver Water (primary); Centennial Water & Sanitation District (some areas)) | $75 |
| Internet | $70 |
Groceries$650 | |
|---|---|
| Monthly estimate | $650 |
Housing figures updated April 2026. Confidence: low.
car-dependent overall
Housing Market
- Median Home Price
- $600K–$680K
- Data Year
- 2026
Tax Rates
- Property Tax Rate
- ~0.71% effective (Arapahoe County)
- Sales Tax Rate
- 6.75% (state 2.9% + county 0.25% + city 2.5% + special 1.1%)
- Vehicle Registration
- Standard Colorado
- State Income Tax Impact
- 4.4% flat
- Cost of Living vs National
- ~24% above national average; Cherry Creek SD zone commands premium
Monthly Costs
- Water Provider
- Denver Water (primary); Centennial Water & Sanitation District (some areas)
- Electric & Gas
- Xcel Energy (electric and gas)
- Internet Providers
- Quantum Fiber, Comcast/Xfinity, CenturyLink
- Trash & Recycling
- Multiple private haulers (city does not provide directly)
- Snow Removal
- City of Centennial public roads; Arapahoe County for county roads
Income & Cost Context
- Median Household Income
- $126,224
- Cost of Living Index
- 123.7 (national avg = 100); Cherry Creek SD zone commands additional premium
- Avg Childcare Cost
- $1,000–$1,300
Common QuestionsFAQ, Centennial
What is the median home price in Centennial?
As of 2026, the median home price in Centennial is approximately $600K–$680K. Prices vary significantly by neighborhood. South Centennial addresses in the Cherry Creek School District command a premium over north Centennial addresses in the Littleton district.
What is the cost of living in Centennial?
Centennial’s cost of living index is approximately 123.7 (national average = 100), or about 24% above the national average, with the Cherry Creek SD zone commanding additional premium. The median household income is $126,224 with a median age of about 42. The effective property tax rate is roughly 0.71% (Arapahoe County). Sales tax is 6.75% combined. Colorado has a flat 4.4% state income tax.
Estimates for informational purposes only, not financial advice. Actual costs vary by specific property, subdivision, and household.