Housing costs in Durango?
A typical home costs
$601,400, which is 77.9% more expensive than the national average of
$338,100 and 14.1% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Durango costs
$1,480 per month, which is 3.5% more than the national average of
$1,430 and 11.5% cheaper than the state average of
$1,650.
Can I afford Durango?
To live comfortably in Durango Color Metro Area, Colorado, a minimum annual income of
$115,200 for a family, and
$52,400 for a single person is recommended.
What does A.I. say about Durango?
Durango, CO Metro Area has a cost of living that is over 16% higher than the US average. The median house value in Durango is also substantially higher than the US average, coming in at $601400 compared to the US average of $338100. This suggests that living costs and housing costs are much higher in Durango than they are on average across the United States. Consequently, people looking for a high standard of living should be prepared to pay more when moving to this area than they would elsewhere.