Housing costs in Colorado City?
A typical home costs
$296,400, which is 12.3% less expensive than the national average of
$338,100 and 43.8% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Colorado City costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 44.7% cheaper than the state average of
$1,650.
Can I afford Colorado City?
To live comfortably in Colorado City, Colorado, a minimum annual income of
$56,880 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Colorado City?
The cost of living in Colorado City, CO is quite reasonable. According to the 2018 Cost of Living Index, the overall cost of living in Colorado City is about 10% lower than the national average. Groceries, housing, and utilities tend to be cheaper than the national average while transportation costs are slightly higher due to its rural location. However, even with these minor price increases, the overall cost of living in Colorado City remains much lower than many other cities in the US.