Cost of Living in Hudson, CO
Housing
The housing market plays a significant role in determining the cost of living in Hudson, CO.
- Housing Index: 121.1 / 100
- Median Home Price is: $429,000
- Average Rent (2 BR Apartment): $2126 per month
- Average Rent (2 BR House): $2311 per month
Based on the provided data for Hudson, CO, the housing market appears to be quite unique with a housing index of 121.1 indicating a highly variable residential landscape. The median home price stands at 429000, suggesting that purchasing a home could represent a significant investment. However, with the average rent for both a 2BR apartment and house being zero, it's unclear if rental properties are available or if data is missing. Compare these figures with local employment opportunities or desired lifestyle factors to make an informed decision about your potential move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hudson, 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 Hudson, 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 Hudson is a financially viable option for your relocation.