Cost of Living in Brighton, CO
Housing
The housing market plays a significant role in determining the cost of living in Brighton, CO.
- Housing Index: 110.0 / 100
- Median Home Price is: $488000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1845 per month
In analyzing the housing market in Brighton, CO, we see a housing index of 110.0, indicating housing costs are higher than the national average. The median home price stands at 488000, suggesting that homeownership might require a significant investment. Meanwhile, renting options show average rents for a 2-bedroom apartment at 1800 and a 2-bedroom house at 1845, which may strain household budgets for renters. It's crucial to consider these factors alongside local employment opportunities and amenities when evaluating your move to Brighton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Brighton, 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 Brighton, 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 Brighton is a financially viable option for your relocation.