Housing costs in Montrose?
A typical home costs
$391,600, which is 15.8% more expensive than the national average of
$338,100 and 25.7% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Montrose costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 55.7% cheaper than the state average of
$1,650.
Can I afford Montrose?
To live comfortably in Montrose Color County, Colorado, a minimum annual income of
$74,880 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Montrose?
Montrose, CO County is known for having a relatively low cost of living compared to other parts of the country. According to recent statistics, the cost of living in Montrose County is 95.4, which is 5.6 points lower than the US average Cost of Living of 100. Despite this lower cost of living, the median value of homes in Montrose County are still well above the national average, at $391,600 as compared to $338,100 for the U.S. as a whole. This creates an attractive environment for those looking to purchase a home at an affordable price and live in an area with easy access to employment opportunities and recreational activities.