Housing costs in Trinidad?
A typical home costs
$218,500, which is 35.4% less expensive than the national average of
$338,100 and 58.6% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Trinidad costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 65.0% cheaper than the state average of
$1,650.
Can I afford Trinidad?
To live comfortably in Trinidad, Colorado, a minimum annual income of
$41,760 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Trinidad?
The cost of living in Trinidad, CO is significantly lower than the national average. According to BestPlaces, the cost of living index in Trinidad is 53.29 compared to the national average of 100. The most significant contribution to this difference is found in housing prices which are 24% lower than the national average. Groceries and other miscellaneous goods are also priced at a discounted rate when compared to their nationwide counterpoints. Due to its low cost of living, Trinidad has become an increasingly attractive place for people looking for a more affordable lifestyle without sacrificing amenities and quality of life.