Cost of Living in Rifle, CO
Housing
The housing market plays a significant role in determining the cost of living in Rifle, CO.
- Housing Index: 115.0 / 100
- Median Home Price is: $450,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
If you're considering a move to Rifle, CO, the data reveals a housing index of 115.0, indicating that costs may be higher than the national average. With a median home price of 450000 and average rents of 1800 for a two-bedroom apartment and 1840 for a house, affordability could be a concern. Additionally, consider factors like local job market trends and the cost of living in comparison to wages. Understanding these aspects will help you make an informed decision about living in this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rifle, 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 Rifle, 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 Rifle is a financially viable option for your relocation.