Housing costs in Lincoln Park?
A typical home costs
$258,400, which is 23.6% less expensive than the national average of
$338,100 and 51.0% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Lincoln Park costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 60.2% cheaper than the state average of
$1,650.
Can I afford Lincoln Park?
To live comfortably in Lincoln Park, Colorado, a minimum annual income of
$49,680 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Lincoln Park?
Lincoln Park is an affordable place to live in Colorado. The cost of living index is at 92.7, which means that items are typically about 7.3% less expensive in Lincoln Park than they would be in a major metropolitan area such as Denver or Boulder. Housing costs in particular are very affordable; the median home value for Lincoln Park is only $220,000. This is significantly lower than the median home value for Colorado, which is around $386,000. Additionally, utilities such as electricity and water are quite inexpensive and local taxes are relatively low compared to other areas of the state. All this makes living in Lincoln Park a very attractive option for people who want to save money while still having access to unique outdoor activities and amazing mountain scenery.