Cost of Living in Pagosa springs, CO
Housing
The housing market plays a significant role in determining the cost of living in Pagosa springs, CO.
- Housing Index: 110.0 / 100
- Median Home Price is: $486,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
In Pagosa springs, CO, the housing index indicates a somewhat elevated cost of living at 110.0. With a median home price of 486000, the up-front investment may be significant. For those opting to rent, the average rent for a 2-bedroom apartment is 1800 and slightly higher for a 2-bedroom house at 1840. These expenses reflect a competitive rental market. Consider the overall economic conditions, job opportunities, and lifestyle offerings in Pagosa springs when deciding, as affordability and amenities can significantly impact your quality of life in the long run.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pagosa springs, 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 Pagosa springs, 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 Pagosa springs is a financially viable option for your relocation.