Housing costs in Hot Sulphur Springs?
A typical home costs
$430,400, which is 27.3% more expensive than the national average of
$338,100 and 18.4% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Hot Sulphur Springs costs
$1,480 per month, which is 3.5% more than the national average of
$1,430 and 11.5% cheaper than the state average of
$1,650.
Can I afford Hot Sulphur Springs?
To live comfortably in Hot Sulphur Springs, Colorado, a minimum annual income of
$82,440 for a family, and
$52,400 for a single person is recommended.
What does A.I. say about Hot Sulphur Springs?
Hot Sulphur Springs, CO is an affordable place to live, with the cost of living below the national average. According to Best Places, the cost of living index in Hot Sulphur Springs is 86.6, which is 14.4% lower than the U.S. average. The median home price in Hot Sulphur Springs is just over $232,000 and the median gross rent for a two-bedroom apartment is about $844 per month. Additionally, utility costs are below average as well; electricity averages about 11 cents per kWh and natural gas at around 83 cents per therm. All in all, Hot Sulphur Springs offers a high quality of life at a low cost of living.