Parker is located in Colorado and has an overall cost of living that is +12% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Parker.

Housing: Median rent in Parker is $1,948 / month, and the median home price is $649,002. Housing costs are +22% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($4.18), milk ($4.85), and eggs ($4.78) reflect the local grocery landscape. Overall grocery costs are +2% vs the national average.

Healthcare: Medical costs include doctor visits ($183.06), dentist visits ($147.05), and prescription drugs ($26.50). These costs should be factored into your monthly budget when planning a move.

Colorado has a state income tax rate of 4.4%, which affects take-home pay for Parker residents.

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Parker, Colorado Cost of Living FAQ

Common questions about living costs in Parker.

Parker, Colorado has an overall cost of living that is +12% the national average. Housing costs are +22% vs the national average. Grocery prices are +2% vs average. Utilities are -13% vs average. This makes Parker a relatively expensive city.

The median rent in Parker, Colorado is $1,948 / month. Average energy bills run $191.51 / month. Phone bills average $170.85 / month. Housing is typically the largest expense for residents.

Healthcare costs in Parker: doctor's visit averages $183.06, dentist visit averages $147.05, prescription drugs average $26.50. Overall healthcare expenses in the area are influenced by the +2% grocery cost difference.

Parker is one of 62 cities tracked in Colorado. With an overall cost +12% vs the national average, it tends to be pricier than some smaller communities. Visit our Colorado state page to compare all cities side-by-side and find the best fit for your budget.

Parker offers cost of living +12% compared to the national average. Key factors to consider: median home price of $649,002, rent of $1,948 / month, and a state income tax of 4.4% in Colorado. Explore our detailed cost breakdown above to see if Parker fits your budget.