Housing costs in Merino?
A typical home costs
$281,300, which is 16.8% less expensive than the national average of
$338,100 and 46.6% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Merino costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 17.9% cheaper than the state average of
$1,650.
Can I afford Merino?
To live comfortably in Merino, Colorado, a minimum annual income of
$54,000 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Merino?
Merino, CO is known for having an affordable cost of living. The median home value is well below the national average, and the median household income is significantly higher than that seen in most cities across the country. Groceries, gas, and other everyday necessities are also much more affordable here than in other areas. Merino has a low unemployment rate and offers plenty of job opportunities, so it’s easy to make ends meet financially. All of these factors contribute to Merino's incredibly low cost of living.