Cost of living in Centennial, Colorado
Arapahoe County, CO
Population 655,709 · Last updated May 21, 2026
Cost breakdown
Single person, by category, per month.
Rent in Centennial
Fair Market Rents by bedroom count.
Source: HUD FMR FY2025
Income and earnings in Centennial
Annual earnings figures from the Census ACS.
Source: ACS 2019-2023 5-Year.
Home values in Centennial
Average values reported by homeowners.
Source: ACS 2019-2023 5-Year
Energy costs in Centennial
Estimated monthly electricity and gas costs.
Source: EIA
Healthcare in Centennial
Insurance premiums and coverage rates.
Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.
Taxes in Centennial
State and local tax rates for Colorado.
Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.
Transportation in Centennial
Commute patterns and estimated costs.
Source: ACS
Monthly cost estimates for Centennial
What it costs to live in Centennial each month.
- Rent $1,789
- Energy $158
- Water $60
- Groceries $359
- Transport $250
- Healthcare $480
- Federal tax $676
- State tax $188
- Rent $2,140
- Energy $190
- Water $70
- Groceries $595
- Transport $350
- Healthcare $864
- Federal tax $1,261
- State tax $356
- Rent $2,794
- Energy $237
- Water $85
- Groceries $903
- Transport $450
- Healthcare $1,350
- Childcare $1,200
- Federal tax $1,261
- State tax $356
Frequently asked questions about Centennial
Common questions about cost of living, rent and salary.
What is the average rent in Centennial?
In Centennial, Colorado, a one-bedroom apartment averages $1,789 per month, a two-bedroom averages $2,140 per month, a three-bedroom averages $2,794 per month, according to HUD Fair Market Rent data.
What is the average salary in Centennial?
In Centennial, Colorado, the average household income is $97,215 per year and individual earnings for full-time workers average $51,382 per year, according to U.S. Census Bureau data.
What is the cost of living in Centennial?
The estimated cost of living in Centennial, Colorado is approximately $3,960 per month for a single person, $5,826 for a couple, $8,636 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.
What is the sales tax rate in Centennial?
The combined sales tax rate in Centennial, Colorado is 7.77%, which includes the Colorado state rate of 2.90% plus an average local rate of 4.87%.
Is Centennial an affordable place to live?
Based on the data, a single person in Centennial, Colorado would need approximately $3,960 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $97,215 per year ($8,101 per month). Centennial is relatively affordable compared to the national average.
How much does healthcare cost in Centennial?
The ACA marketplace benchmark premium in Centennial, Colorado is approximately $480 per month for an individual. Approximately 9.0% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.
What are house prices in Centennial?
The average home value in Centennial, Colorado is $526,000, with average annual property taxes of $2,767, according to U.S. Census Bureau data.
How does Centennial compare to other areas?
You can compare Centennial, Colorado with any other US county using our comparison tool at /compare. Centennial is in the Denver-Aurora-Centennial, CO metro area.
Other counties in Colorado
Browse the full list of counties in Colorado, ranked by cost of living.
See all counties in ColoradoCompare Centennial with another area
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About this data
All figures on this page come from official U.S. government sources, listed below.
- HUD FMR FY2025
- ACS 2019-2023 5-Year
- EIA
- ACS + national avg
- ACS
- USDA + BEA RPP