Cost of Living in Howard, CO
Housing
The housing market plays a significant role in determining the cost of living in Howard, CO.
- Housing Index: 121.1 / 100
- Median Home Price is: $400,000
- Average Rent (2 BR Apartment): $2126 per month
- Average Rent (2 BR House): $2311 per month
Considering a move to Howard, CO? With a median home price of 400000, you’re looking at a considerable investment. Unfortunately, the housing index appears to be at 121.1, indicating a stagnant or low demand market, which could affect long-term value appreciation. Without provided average rents for a 2-bedroom apartment and house, it's difficult to evaluate the overall rental landscape. Remember, a balanced blend of affordability, amenities, and access to services will enhance livability too. Consider researching lifestyle factors beyond just housing costs to make a well-rounded decision about relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Howard, 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 Howard, 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 Howard is a financially viable option for your relocation.