Housing costs in Sheridan Lake?
A typical home costs
$82,300, which is 75.7% less expensive than the national average of
$338,100 and 84.4% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Sheridan Lake costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 66.7% cheaper than the state average of
$1,650.
Can I afford Sheridan Lake?
To live comfortably in Sheridan Lake, Colorado, a minimum annual income of
$15,840 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Sheridan Lake?
Living in Sheridan Lake, CO is relatively affordable. The cost of living is below the national average and is much lower than many of the surrounding towns and cities. Groceries, gasoline, and utilities are all fairly inexpensive compared to other areas in Colorado, making it a great option for families or individuals looking to stretch their budget. Transportation is also quite affordable. Public bus routes are available to make getting around town easier, and costs are minimal. In addition, housing costs are reasonable in Sheridan Lake with both rental properties and homes available at competitive prices. All in all, Sheridan Lake offers an excellent quality of life at an affordable cost.