Cost of Living in Williamsburg, CO

With a cost of living index of 94, Williamsburg, CO is slightly more affordable than average. Living here is 6% cheaper than the national average and 20% below the Colorado state average of 114. Williamsburg is a small community of 963 residents.

Housing costs are the biggest factor in Williamsburg's cost of living. The median monthly rent is $1,327 (1% above the US median of $1,319), and the median home value sits at $218,300 (28% below the national median of $304,900). At current prices, the median home costs roughly 4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Williamsburg is $54,886, which is 27% lower than the national median of $75,149. Residents spend roughly 29% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.