Cost of Living in Wray, CO
Housing
The housing market plays a significant role in determining the cost of living in Wray, CO.
- Housing Index: 85.4 / 100
- Median Home Price is: $265,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Considering your data for Wray, CO, the housing index of 85.4 suggests that the market is relatively affordable. The median home price of 265000 indicates a stable investment opportunity, especially for first-time buyers. Renting a 2-bedroom apartment costs an average of 1200, while a 2-bedroom house averages 1280. These are competitive rates compared to national averages, which can often exceed these figures significantly. Overall, potential residents may find that Wray offers a blend of reasonable housing costs and a vibrant community to consider for relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wray, 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.): $200 per month
Living in Wray, 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 $200 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 Wray is a financially viable option for your relocation.