Housing costs in Colorado Springs?
A typical home costs
$441,900, which is 30.7% more expensive than the national average of
$338,100 and 16.2% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Colorado Springs costs
$1,540 per month, which is 6.7% cheaper than the national average of
$1,650 and 3.9% more than the state average of
$1,480.
Can I afford Colorado Springs?
To live comfortably in Colorado Springs (zip 80918), Colorado, a minimum annual income of
$84,600 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about Colorado Springs?
The cost of living in 80918 Colorado Springs, CO is slightly above the national average. The median home value is $277,800 and the median rent is $1,576 per month. Utility costs are lower than the national average and transportation costs are slightly higher than average. Groceries, health care services, and other miscellaneous expenses are comparable to the national average. All in all, Colorado Springs offers affordable cost of living with plenty of amenities to make life comfortable and enjoyable.