Housing costs in Redstone?
A typical home costs
$737,300, which is 118.1% more expensive than the national average of
$338,100 and 39.9% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Redstone costs
$2,140 per month, which is 49.7% more than the national average of
$1,430 and 22.9% more than the state average of
$1,650.
Can I afford Redstone?
To live comfortably in Redstone, Colorado, a minimum annual income of
$141,120 for a family, and
$69,200 for a single person is recommended.
What does A.I. say about Redstone?
The cost of living in Redstone, CO is generally higher than the national average due to the resort-style accommodations and access to recreational activities. Rent prices tend to be higher than most parts of Colorado, while groceries and transportation costs are at a similar level to the rest of the state. While it's not necessarily an expensive town, there are definitely many more affordable options in neighboring towns and cities. With an average yearly income of just over $40,000, it's easy for locals to make ends meet with a reasonable cost of living.