Cost of Living in Fort collins, CO
Housing
The housing market plays a significant role in determining the cost of living in Fort collins, CO.
- Housing Index: 110.5 / 100
- Median Home Price is: $428000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1920 per month
Considering a move to Fort collins, CO? The housing index stands at 110.5, indicating it's slightly above the national average, reflecting a competitive market. The median home price of 428000 suggests a modest investment, while average rent rates for a 2-bedroom apartment and house at 1800 and 1920 respectively, indicate a premium living space. Balancing costs against local amenities, schools, and job opportunities will be essential. Due diligence will ensure you make an informed decision aligned with your lifestyle and financial goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fort collins, 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.): $200 per month
Living in Fort collins, 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 $200 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 Fort collins is a financially viable option for your relocation.