City Comparison

Greeley vs New Bedford

Cost of Living Comparison · 2026

Greeley

Colorado
113
Above Average
$420,000
Median Home
$1,275/mo
Median Rent
$72,500
Median Income

New Bedford

Massachusetts
112
Above Average
$371,000
Median Home
$1,225/mo
Median Rent
$57,000
Median Income

The Verdict

0.9%

The cost gap between these cities is 0.9%, with New Bedford being the more affordable option. A $75,000 income in Greeley has equivalent purchasing power to $74,336 in New Bedford.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
136
Greeley
116
New Bedford
Groceries
95
Greeley
104
New Bedford
Utilities
89
Greeley
145
New Bedford
Transportation
110
Greeley
108
New Bedford
Healthcare
97
Greeley
118
New Bedford

Salary Equivalence

A $75,000 salary in Greeley has the same purchasing power as $74,336 in New Bedford.

Conversely, $75,000 in New Bedford equals $75,670 in Greeley.

Living in Greeley vs New Bedford

Housing Costs

Greeley's housing index of 136 is higher New Bedford's 116, translating to median home prices of $420,000 vs $371,000. The $49,000 difference in home prices means roughly $3,180 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,275/mo in Greeley compared to $1,225/mo in New Bedford, a monthly difference of $50.

Grocery & Food Costs

Grocery expenses index at 95 in Greeley and 104 in New Bedford. A household spending the national average of $475/month on groceries would pay approximately $451/month in Greeley vs $494/month in New Bedford. Greeley offers a meaningful advantage on everyday food costs, saving roughly $516/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 89 in Greeley and 145 in New Bedford. Monthly utility bills average approximately $356 in Greeley vs $580 in New Bedford. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 97 in Greeley and 118 in New Bedford. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 21-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $72,500 in Greeley and $57,000 in New Bedford. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $64,159 and $50,893 respectively. Greeley residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,692/month to housing in Greeley vs $1,330/month in New Bedford. In Greeley, median rent of $1,275/mo fits within this budget. In New Bedford, median rent of $1,225/mo remains manageable. The biggest category-level difference between these two cities is Utilities, where the gap is 56 index points — focus your budget analysis there.

Frequently Asked Questions

New Bedford is 0.9% more affordable overall with an index of 112 vs 113.
A $75,000 salary in Greeley has equivalent purchasing power to approximately $74,336 in New Bedford, based on the cost of living difference.
Greeley's housing index is 136 with median homes at $420,000, while New Bedford's is 116 with median homes at $371,000.

Moving & Relocation Resources

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