Cost of Living in Sterling, CO
Housing
The housing market plays a significant role in determining the cost of living in Sterling, CO.
- Housing Index: 121.1 / 100
- Median Home Price is: $305,000
- Average Rent (2 BR Apartment): $989 per month
- Average Rent (2 BR House): $1075 per month
Considering your data, while the housing index for Sterling, CO stands at a reasonable 121.1, which suggests affordability, the median home price of 305000 indicates a stable property market. Average rents for a 2-bedroom apartment at 989 and a house at 1075 show competitive pricing compared to national trends. It's important to weigh these figures with local job opportunities and growth potential. As you contemplate this relocation, think about lifestyle factors and community amenities that might also influence your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sterling, 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 Sterling, 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 Sterling is a financially viable option for your relocation.