Cost of Living in Welby, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
135.2
100 = national avg
+35.2 vs national average
Living Wage (1 Adult)
$59,471
per year
Living Wage (Family of 4)
$140,568
per year
Cost Index by Category
Housing171.2
Food109.9
Transportation119.8
Healthcare107.9
Utilities120.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,754
per month
2 Bedroom
$2,089
per month
The overall cost of living index in Welby is 135.2, which is 35.2% above the national average. Housing costs are above the national average at an index of 171.2. A single adult needs to earn approximately $59,471 per year to cover basic expenses.