Cost of Living in Centennial, CO

Housing

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

• Housing Index: 0.0 / 100
• Median Home Price is: $539000
• Average Rent (2 BR Apartment): $0.0 per month
• Average Rent (2 BR House): $0.0 per month

In Centennial, CO, the current housing index indicates a baseline of 0.0, suggesting a neutral market despite the significant median home price of 539000. With current rent values for a 2-bedroom apartment and house at 0.0 and 0.0 respectively, potential residents may find the cost conducive to homeownership rather than renting. It's vital to consider local economic factors and quality of life developments in decision-making, as housing prices may vary widely based on neighborhood, amenities, and future growth prospects.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Centennial, 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.): $0.0 per month

Living in Centennial, 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 0.0 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: 0.0

Median Income

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

• Median Income: $124617

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 Centennial, 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.