Housing costs in Westminster?
A typical home costs
$512,000, which is 51.4% more expensive than the national average of
$338,100 and 2.9% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Westminster costs
$2,050 per month, which is 24.2% more than the national average of
$1,650 and 9.3% more than the state average of
$1,860.
Can I afford Westminster?
To live comfortably in Westminster (zip 80031), Colorado, a minimum annual income of
$98,280 for a family, and
$68,000 for a single person is recommended.
What does A.I. say about Westminster?
The cost of living in Westminster, CO 80031 is relatively high. According to BestPlaces, the cost of living index for this area is 115.4, which is 15.4% higher than the US average. The cost of housing in this area is particularly expensive, as rents are approximately 24.2% higher than the rest of the nation on average. In addition, groceries and consumer goods are also pricier here, costing 7.9% more than the national average. Transportation costs, however, are slightly lower at 6.7%.