Housing costs in Alma?
A typical home costs
$542,300, which is 60.4% more expensive than the national average of
$338,100 and 2.9% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Alma costs
$1,640 per month, which is 14.7% more than the national average of
$1,430 and close to the state average of
$1,650.
Can I afford Alma?
To live comfortably in Alma, Colorado, a minimum annual income of
$104,040 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Alma?
The cost of living in Alma, CO is quite reasonable. The median home price is just under $400,000 and the median rent for a two-bedroom apartment is around $1200 per month. Utility costs are very affordable as well, with average monthly utility bills costing just over $100 a month. Groceries and other essential goods can also be found at competitive prices in Alma’s local stores. Lastly, due to its location in the mountains, residents also enjoy access to plenty of outdoor recreation opportunities that are otherwise expensive elsewhere such as skiing and snowboarding. All told, Alma offers an affordable cost of living that makes it an attractive place to live for those looking for an inexpensive yet comfortable lifestyle.