Cost of Living in Commerce city, CO
Housing
The housing market plays a significant role in determining the cost of living in Commerce city, CO.
- Housing Index: 121.1 / 100
- Median Home Price is: $490,000
- Average Rent (2 BR Apartment): $2571 per month
- Average Rent (2 BR House): $2795 per month
Considering a move to Commerce city, CO? The housing index at 121.1 suggests home prices are slightly above the national average, possibly indicating stable demand. With a median home price of 490000, buying may involve substantial investment, while the average rent for a 2-bedroom apartment at 2571 and for a house at 2795 reflects a competitive rental market. Moving to this area could present opportunities for property appreciation, but preparation for elevated living costs is essential in your decision-making process. Enjoy vibrant community offerings while being mindful of housing affordability.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Commerce city, 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 Commerce city, 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 Commerce city is a financially viable option for your relocation.