Housing costs in Fairmount?
A typical home costs
$683,100, which is 102.0% more expensive than the national average of
$338,100 and 29.6% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Fairmount costs
$1,850 per month, which is 29.4% more than the national average of
$1,430 and 10.8% more than the state average of
$1,650.
Can I afford Fairmount?
To live comfortably in Fairmount, Colorado, a minimum annual income of
$131,040 for a family, and
$61,200 for a single person is recommended.
What does A.I. say about Fairmount?
The cost of living in Fairmount, CO is generally considered to be affordable compared to many other places in the country. The overall cost of living index for Fairmount is 91.1, which is slightly lower than the national average of 100. Housing costs are especially attractive with a median home value of just $209,400 and median rent around $1,220 per month. Utilities, groceries, transportation, and healthcare are all relatively inexpensive as well. Overall, Fairmount is an excellent place for those looking for a low-cost place to live without sacrificing quality of life or services.