Cost of Living in Clifton, CO
Housing
The housing market plays a significant role in determining the cost of living in Clifton, CO.
- Housing Index: 121.1 / 100
- Median Home Price is: $334,000
- Average Rent (2 BR Apartment): $1282 per month
- Average Rent (2 BR House): $1393 per month
In analyzing the housing data for Clifton, CO, it appears that the housing index stands at 121.1, indicating some degree of neutrality in the market activity. The median home price is set at 334000, which may suggest a reasonable entry point for homebuyers. However, with average rents for a 2-bedroom apartment and house showing as zero, this could imply limited rental inventory or fluctuating market conditions. Moving to this location may be advantageous if you're looking to purchase, but further investigation into rental availability is crucial for decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Clifton, CO.
- Electricity Price: $15.21 USD (median by state)
- Natural Gas Price: $11.3 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $246 per month
Living in Clifton, CO could entail higher utility costs. Electricity costs sit at $15.21, while natural gas is priced at $11.3 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $246 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Clifton is a financially viable option for your relocation.