Housing costs in Canon City?
A typical home costs
$310,000, which is 8.3% less expensive than the national average of
$338,100 and 41.2% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Canon City costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 60.2% cheaper than the state average of
$1,650.
Can I afford Canon City?
To live comfortably in Canon City, Colorado, a minimum annual income of
$59,400 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Canon City?
Canon City, CO is a great place to live with a cost of living that is slightly lower than the national average. From groceries and healthcare to transportation and housing, Canon City offers affordable options for all types of budget. The median home value in Canon City is around $164,400 which is slightly lower than the state average of $274,600. Renting a one-bedroom apartment costs an average of around $700 per month which is an attractive price compared to other areas in Colorado. Additionally, utilities are relatively low compared to other cities in Colorado and the rest of the US. All these factors make Canon City an ideal place for those looking for an affordable lifestyle while still having access to all that Colorado has to offer.