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: $730,000
- 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 Boulder is a financially viable option for your relocation.