Cost of Living in Craig, CO
Housing
The housing market plays a significant role in determining the cost of living in Craig, CO.
- Housing Index: Data is updating
- Median Home Price is: $300000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In Craig, CO, the **housing index** is currently at 0.0, indicating a potentially favorable market for homebuyers. With a **median home price** of 300000, purchasing may be more advantageous compared to renting. However, it’s concerning that the **average rent for a 2BR apartment** and **average rent for a 2BR house** are both at 0.0 and 0.0 respectively, suggesting limited rental options. Considering these factors, if you’re looking to settle long-term, buying might be a preferable choice in Craig.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Craig, 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.): Data is updating
Living in Craig, 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 data unavailable 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 Craig is a financially viable option for your relocation.