Housing costs in Peoria?
A typical home costs
$476,400, which is 40.9% more expensive than the national average of
$338,100 and 9.6% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Peoria costs
$1,540 per month, which is 7.7% more than the national average of
$1,430 and 7.1% cheaper than the state average of
$1,650.
Can I afford Peoria?
To live comfortably in Peoria, Colorado, a minimum annual income of
$91,440 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Peoria?
Living in Peoria, CO can be quite affordable. The median home value is approximately $270,000 which is lower than the national median home cost of $213,300. Additionally, the cost of living index in Peoria is about 22% lower than the national average making it an ideal location for retirees and those on a budget. Groceries are slightly more expensive than average as well as transportation, but overall day-to-day living costs are low compared to other areas. Utility bills tend to be lower in summer months due to mild temperatures and higher in winter months due to icy roads that require extra energy to keep clear.