Welby, CO Cost of Living


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Welby cost of living score
121.3
More expensive
21.3% higher
than the US average
0.7% higher
than the Colorado average
Welby, Colorado gets a BestPlaces Cost of Living score of 121.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.3% higher than the U.S. average and 0.7% lower than the average for Colorado.

Welby, CO

Housing costs in Welby?
A typical home costs $392,500, which is 16.1% more expensive than the national average of $338,100 and 25.6% less expensive than the average Colorado home, at $527,200. Renting a two-bedroom unit in Welby costs $1,760 per month, which is 23.1% more than the national average of $1,430 and 6.3% more than the state average of $1,650.

Can I afford Welby?
To live comfortably in Welby, Colorado, a minimum annual income of $75,240 for a family, and $58,400 for a single person is recommended.

What does A.I. say about Welby?
The cost of living in Welby, CO is quite reasonable. The median home price is around $220,000 and most people can find a comfortable place to live for $1,200 to $2,500 per month. Renters may find more affordable prices with the average studio apartment costing under $1,000 a month. Groceries are also moderately priced and local restaurants offer great deals on quality food. Along with the low cost of living comes great job opportunities as well with major employers like Lockheed Martin located in the area.
   Cost of living score
     CategoriesWelbyColoradoUnited States
  121.3120.5100.0
  98.9100.7100
  85.083.8100.0
  135.1167.5100.0
  $392,500$527,200$338,100
  97.7%98.4%100.0%
  117.2106.7100.0
  110.9120.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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