
Housing costs in Hotchkiss?
A typical home costs
$405,700, which is 20.0% more expensive than the national average of
$338,100 and 23.0% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Hotchkiss costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 58.7% cheaper than the state average of
$1,650.
Can I afford Hotchkiss?
To live comfortably in Hotchkiss, Colorado, a minimum annual income of
$77,760 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Hotchkiss?
Hotchkiss, CO is a great place to live if you are looking for a cost effective lifestyle. The median home cost in Hotchkiss is $205,000, which is much lower than the average of Colorado’s median home price of $325,000. Additionally, the cost of living in Hotchkiss is only 83.5% of what it would be for the average American household, making it one of the most affordable towns in Colorado. Groceries and restaurant prices are also quite reasonable with an overall lower than average index score when compared to other areas within the state. All of these factors make Hotchkiss a great place to settle down if you're looking for an affordable and comfortable lifestyle.