Housing costs in Stonewall Gap?
A typical home costs
$294,400, which is 12.9% less expensive than the national average of
$338,100 and 44.2% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Stonewall Gap costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 65.0% cheaper than the state average of
$1,650.
Can I afford Stonewall Gap?
To live comfortably in Stonewall Gap, Colorado, a minimum annual income of
$56,520 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Stonewall Gap?
The cost of living in Stonewall Gap, CO is relatively affordable compared to other parts of the country. Housing costs are lower than the national average, with a median home value just over $100,000. The overall cost of living index for Stonewall Gap is around 17% lower than the national average. Utilities are also affordable, with electricity rates falling below 10 cents per kWh and natural gas prices resting around 3 dollars per MMBtu. Groceries and transportation expenses remain consistent with the rest of the nation as does health care; however, when it comes to taxes, Stonewall Gap has some of the lowest tax rates in Colorado at only 4%. All these factors make Stonewall Gap a highly desirable location for people looking for an affordable place to live without sacrificing quality.