Housing costs in Colorado Springs?
A typical home costs
$443,700, which is 31.2% more expensive than the national average of
$338,100 and 15.8% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Colorado Springs costs
$2,130 per month, which is 29.1% more than the national average of
$1,650 and 30.5% more than the state average of
$1,480.
Can I afford Colorado Springs?
To live comfortably in Colorado Springs (zip 80925), Colorado, a minimum annual income of
$84,960 for a family, and
$67,600 for a single person is recommended.
What does A.I. say about Colorado Springs?
The cost of living in 80925 Colorado Springs, CO is slightly above the national average. The monthly housing costs are around $1,250 for a one bedroom apartment and around $1,550 for a two bedroom apartment. The median household income is just over $50,000 and the unemployment rate is 2.6%. Groceries are relatively affordable compared to other cities in Colorado with the average cost for basic items like bread, milk, and eggs being around 5% lower than the national average. Other expenses such as transportation and utilities are also lower than the national average. Overall, 80925 Colorado Springs, CO is an affordable place to live with prices that are aligned with the rest of the state.