Housing costs in Derby?
A typical home costs
$384,400, which is 13.7% more expensive than the national average of
$338,100 and 27.1% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Derby costs
$1,780 per month, which is 24.5% more than the national average of
$1,430 and 7.3% more than the state average of
$1,650.
Can I afford Derby?
To live comfortably in Derby, Colorado, a minimum annual income of
$73,800 for a family, and
$58,800 for a single person is recommended.
What does A.I. say about Derby?
The cost of living in Derby, CO is fairly reasonable. Housing is a major factor that affects the area's cost of living and, fortunately, housing prices are generally low here. It’s possible to find houses for sale under $200,000. Prices for rent can also be quite affordable; monthly rent for a one-bedroom apartment runs on average around $900 while two-bedroom apartments average around $1,100. Food prices are comparable to national averages and are not exorbitant by any means. Overall, the cost of living in Derby is lower than many other areas in Colorado and it's an attractive option for people looking to live in an affordable yet vibrant area.