Housing costs in Aspen?
A typical home costs
$2,800,900, which is 728.4% more expensive than the national average of
$338,100 and 431.3% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Aspen costs
$5,890 per month, which is 257.0% more than the national average of
$1,650 and 74.9% more than the state average of
$1,480.
Can I afford Aspen?
To live comfortably in Aspen (zip 81611), Colorado, a minimum annual income of
$536,760 for a family, and
$196,000 for a single person is recommended.
What does A.I. say about Aspen?
The cost of living in 81611 Aspen, CO is notoriously high. Rent prices within the city range from around $1,500 for a one bedroom apartment to upwards of $3,000 per month for higher end properties. Food and entertainment can also be pricey compared to other cities across the United States due to the high tourism rates and limited local competition from nearby towns. Additionally, gas prices are fairly expensive relative to other parts of Colorado as well due to the remote location and lack of competition when it comes to filling up a tank. All in all, those wishing to live in Aspen should be prepared to face higher than average living expenses than most cities throughout the country.