Housing costs in Olney Springs?
A typical home costs
$155,400, which is 54.0% less expensive than the national average of
$338,100 and 70.5% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Olney Springs costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 51.4% cheaper than the state average of
$1,650.
Can I afford Olney Springs?
To live comfortably in Olney Springs, Colorado, a minimum annual income of
$29,880 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Olney Springs?
The cost of living in Olney Springs, CO is quite reasonable compared to many other cities in the United States. The median home price is $156,000 and the cost of living index for Olney Springs is about 6% less than the national average. In addition, utilities such as electricity and gas are reasonably priced. Other necessities such as food and transportation costs are also lower compared to many other places in the country. All in all, Olney Springs is an economical place to live with a comfortable quality of life.