According to the most recent data on the cost of living, Welby has an overall cost of living index of 97 which is 1.0x lower than the national index of 100.
Compared to only Colorado, Welby has a cost of living index that's 0.9x lower than Colorado's index of 112.
The standard of living in Welby ranks as #2,747 most affordable out of the 6,418 places we measured in Colorado. By definition, that implies Welby ranks as the #3,672 most expensive place in the Centennial State.
|Living Expense||Welby||Colorado||National Average|
Housing swings affordability the most between places in Colorado, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
|Median Home Value||$241,900||$369,900||$229,800|
|Home Value To Income||3.6x||4.9x||3.5x|
|Rent To Monthly Income||0.25x||0.21x||0.2x|
|City||Population||Cost Of Living||Vs. Welby|
|Federal Heights, CO||13,537||80||0.8x|