Cost of Living in Canon city, CO
Housing
The housing market plays a significant role in determining the cost of living in Canon city, CO.
- Housing Index: 110.0 / 100
- Median Home Price is: $313,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1640 per month
Considering a move to Canon city, CO? With a housing index of 110.0, the market reflects higher-than-average affordability when compared to national standards. The median home price is currently set at 313000, making ownership more accessible. If renting is on your agenda, expect to pay an average of 1600 for a 2-bedroom apartment, or 1640 for a house. Keep in mind that local amenities and job opportunities can greatly influence your decision; investing in a home may provide stable long-term value in this growing market.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Canon city, 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.): $250 per month
Living in Canon city, 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 $250 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 Canon city is a financially viable option for your relocation.