Similar to its nearby areas, it is a lot more expensive compared to the rest of the country. However compared to the city of Denver, it's a bit less expensive.
Home prices
Central City's median home cost is $291,700. This is approximately $3,180 (1%) higher in comparison to nearby areas.Compared to the country as a whole it is about $74,200 (34%) higher, and compared to the city of Denver is roughly $98,900 (25%) lower.
Rents
In Central City the median monthly rent is $1,153. It is about $60 (5%) higher compared to other places in this area.It is roughly $91 (8%) higher compared to the entire country, and it is approximately $158 (12%) lower in comparison to the city of Denver.
Nearby places
Black Hawk
Black Hawk is Central City's neighbor to the northeast. Real estate prices there are a little less expensive. Black Hawk's median home value is $242,300, which comes out to $49,400 (20%) lower than Central City. Rent there is a little more expensive. In Black Hawk the median rent is $1,592 per month, which works out to $439 (27%) higher than Central City.
Idaho Springs
Idaho Springs is Central City's neighbor to the south. Its real estate prices are somewhat less expensive. The median home cost in Idaho Springs is $250,500, which works out to $41,200 (16%) lower than Central City. The rent there is somewhat less expensive. Idaho Springs's median monthly rent is $948, which comes out to $205 (21%) lower than Central City.
Empire
Empire is about 8 miles west of Central City. Its real estate prices are a little less expensive. The median home in Empire is valued at $223,400, which comes out to $68,300 (30%) lower than Central City. Rent there is substantially less expensive. In Empire the median monthly rent is $667, which works out to $486 (72%) lower than Central City.
Georgetown
Georgetown is approximately 9 miles southwest from Central City. Its real estate prices are similar. The median home in Georgetown costs $294,900, which is $3,200 (1%) higher than Central City. The rent there is somewhat less expensive. The median monthly rent in Georgetown is $1,090, which is $63 (5%) lower than Central City.
Nederland
Nederland is approximately 11 miles north from Central City. Housing prices there are significantly more expensive. The median home in Nederland is valued at $431,500, which is $139,800 (32%) higher than Central City. The rent there is fairly similar. In Nederland the median monthly rent is $1,168, which is $15 (1%) higher than Central City.
