Cost of Living in Welby, CO
Population 16,232 · Colorado · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Welby a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $348,000.
Located 6 miles south of Thornton, Welby falls within that metro's commuting orbit. Median home values run roughly 28% lower than Thornton's $482,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Welby
The median home value in Welby is $347,700 — 14% above the national median of $305,000. Median rent runs $1,640/month, 25% higher than the national median of $1,314/month. The median household income of $78,375/year is 5% higher than the US median of $74,580. The local unemployment rate is 5.2%, above the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. Overall, Welby has a cost of living index of 118 versus the US average of 100, meaning it is 18% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Welby, CO?
Welby has a cost index of 118 (100 = national average). It is 18% above the national average.
What is average rent in Welby, CO?
The median gross rent in Welby is $1,640 per month based on 2023 Census data.
What is the average home price in Welby?
The median home value in Welby is $347,700 according to 2023 Census ACS data.
What is the median income in Welby?
The median household income in Welby is $78,375 per year (2023 ACS 5-year estimates).
What is the sales tax in Welby, CO?
The combined state and local sales tax rate in Welby is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Welby, CO affordable?
Welby is above average in cost of living, with an index of 118 — about 18% higher than the national average.
Welby at a Glance
- Population
- 16,232
- Median Income
- $78,375
- Home Value
- $347,700
- Median Rent
- $1,640/mo
- Unemployment
- 5.2%
- Sales Tax
- 7.8%
Nearby Cities
Explore county-level cost of living data
Colorado Rankings
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