With the natural beauty and abundance of activities in northern Colorado, it’s no surprise that it is a geographical hotspot for home shoppers. If you’re looking to find a new home at The Lakes, it’s important to understand a variety of lifestyle factors, including the cost of living in Loveland, CO. According to the Cost of Living Index (COLI), Loveland’s cost of living closely reflects the national average. Scaling from COLI’s median cost of living in the United States at 100, Loveland is ranked only slightly higher at 112.6; yet, Loveland is lower than the average cost of living of Colorado, which is ranked at 120.5.
With Denver being even higher than the Colorado average at 127.8, Loveland is an excellent option for those looking for all the conveniences of town – shopping, dining, entertainment and great schools, while also having close access to the nature and activities that make up the desirable Colorado lifestyle. Plus, Downtown Denver is only one hour away.
This reasonable cost of living in Loveland draws upon many advantages for residents. Particularly those looking for new homes in Loveland, the cost of living average reflects a lively and active economy to support long-term property values. The Loveland real estate market is thriving, in tandem with job growth opportunities sparked by regional development in the tech and energy industries.
Loveland is also home to Centerra, a mixed-use destination in northern Colorado. Centerra is made up of nature, schools, shopping, parks, medical facilities, entertainment and dining. Additionally, Centerra offers every type of new home product – from apartments, to senior living options, to townhomes, condos and beautiful single-family homes. If you’re looking for a new home in a vibrant Northern Colorado community with a robust event schedule and diverse community, Centerra is the place for you. Plus, Kinston, Centerra’s newest village, is now selling, which means you have options.
Other benefits to living here can be reflected in overall quality of life in Loveland. According to the Chamber of Commerce, Loveland is “ideally located for access to major air, motor and rail arteries, with Denver’s International Airport approximately one hour away.” In addition, Loveland offers low crime rates, excellent schools, and high resident satisfaction and happiness.
For prospective Loveland residents wondering if the cost of living is suitable for them, CNN also offers a useful tool that calculates how salary will translate among cities. This can give great insight to multiple cost of living factors that go beyond just housing—groceries, utilities, transportation, health care, and more.
Visit The Lakes at Centerra to experience for yourself the joy of living in northern Colorado and everything that Loveland has to offer.