Cost of Living in Boulder, CO

Housing

The housing market plays a significant role in determining the cost of living in Boulder, CO.

• Housing Index: 140.0 / 100
• Median Home Price is: $730000
• Average Rent (2 BR Apartment): $2500 per month
• Average Rent (2 BR House): $2557 per month

When considering a move to Boulder, CO, the housing index stands at 140.0, indicating a higher cost of living relative to national averages. The median home price of 730000 suggests purchasing may be a substantial investment. Renting remains an alternative, with average rents for a 2BR apartment at 2500 and for a 2BR house at 2557. If you prioritize affordability, it may be worth exploring nearby neighborhoods where prices could be more manageable. It's essential to balance budget constraints with your lifestyle preferences in this market.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Boulder, 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 Boulder, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 115.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $80243

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Boulder, CO, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.