Cost of Living in Merino, CO
Housing
The housing market plays a significant role in determining the cost of living in Merino, CO.
- Housing Index: 121.1 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $2126 per month
- Average Rent (2 BR House): $2311 per month
Analyzing the housing data for Merino, CO, significant insights emerge. With an undefined housing index of 121.1, it suggests either availability issues or a transient real estate market. The median home price stands at 0, and the average rent for a 2-bedroom apartment is 2126, while the 2-bedroom house rental averages 2311. Potential movers should be cautious, as the absence of rental data may signal challenges in finding suitable accommodation. Furthermore, consider local amenities, job opportunities, and community engagement to make a well-rounded decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Merino, 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 Merino, 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 Merino is a financially viable option for your relocation.