Cost of Living in Wellington, CO
Housing
The housing market plays a significant role in determining the cost of living in Wellington, CO.
- Housing Index: 121.1 / 100
- Median Home Price is: $547,000
- Average Rent (2 BR Apartment): $2249 per month
- Average Rent (2 BR House): $2444 per month
Considering a move to Wellington, CO? With a housing index of 121.1, it indicates that housing costs are above the national average, which might affect your overall budget. The median home price stands at 547000, making this a significant investment. Renting is also on the higher side with an average of 2249 for a 2-bedroom apartment and 2444 for a 2-bedroom house. Evaluate your financial strategy carefully; relocating to a higher-cost area may offer amenities and lifestyle perks but requires prudent budgeting.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wellington, 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 Wellington, 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 Wellington is a financially viable option for your relocation.