Welby, CO Cost Of Living
Cost Of Living In Welby, CO Summary
Cost of living in Welby research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Welby is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Colorado, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Welby is 110, with 100 being the average.
The cost of living index in Welby is 1.1x higher than the national average.
Welby ranks as the #25 cheapest in Colorado out of 113.
Welby ranks as the #3,657 cheapest out of 6,489 in the US.
The median home value in Welby is $373,997.
The median income in Welby is $78,375.
Table Of Contents
Welby's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Welby, CO?
According to the most recent data on the cost of living, Welby has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Colorado, Welby has a cost of living index that's 1.0x lower than Colorado's index of 111.
The standard of living in Welby ranks as #25 most affordable out of the 113 places we measured in Colorado. By definition, that implies Welby ranks as the #88 most expensive place in the Centennial State.
For more reading on life in Welby, check out:
In Colorado
In America
Welby Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Welby. Here is how it fairs on each of the criteria:
The Services index in Welby is 105.
The Groceries index in Welby is 97.
The Health index in Welby is 91.
The Housing index in Welby is 136.
The Transportation index in Welby is 110.
The Utilities index in Welby is 89.
| Living Expense | Welby | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 110 | 111 | 100 | |
| Services | 105 | 102 | 100 | |
| Groceries | 97 | 103 | 100 | |
| Health | 91 | 101 | 100 | |
| Housing | 136 | 134 | 100 | |
| Transportation | 110 | 107 | 100 | |
| Utilities | 89 | 89 | 100 | |
Welby, CO Housing Cost Breakdown
Housing swings affordability the most between places in Colorado, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Welby is $373,997.
The Median Rent in Welby is $1,640.
The Median Income in Welby is $78,375.
The Home Value To Income in Welby is 4.8x.
The Rent To Monthly Income in Welby is 0.25x.
Median Home Value
Median Rent
Median Income
Welby, CO Costs By Category
Detailed Welby Services Costs Vs. Colorado
Detailed Welby Groceries Costs Vs. Colorado
Detailed Welby Health Costs Vs. Colorado
Detailed Welby Transportation Costs Vs. Colorado
Detailed Welby Utilities Costs Vs. Colorado
Welby SnackAbility
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Cost Of Living In Cities Around Welby
The cost of living varies in the cities and towns around Welby. Here's a quick look at the cost of living in the most populous nearby places:
Denver, CO has a cost of living index of 134, 1.2x Welby.
Aurora, CO has a cost of living index of 121, 1.1x Welby.
Thornton, CO has a cost of living index of 126, 1.1x Welby.
| City | Population | Cost Of Living | Vs. Welby |
|---|---|---|---|
| Denver, CO | 713,734 | 134 | 1.2x |
| Aurora, CO | 390,201 | 121 | 1.1x |
| Thornton, CO | 142,878 | 126 | 1.1x |
| Westminster, CO | 115,546 | 127 | 1.2x |
| Northglenn, CO | 37,953 | 120 | 1.1x |
| Englewood, CO | 33,774 | 127 | 1.2x |
| Sherrelwood, CO | 19,368 | 117 | 1.1x |
| Federal Heights, CO | 14,160 | 93 | 0.8x |
| Berkley, CO | 10,838 | 119 | 1.1x |
| Derby, CO | 8,692 | 107 | 1.0x |
