Housing costs in Simla?
A typical home costs
$297,200, which is 12.1% less expensive than the national average of
$338,100 and 43.6% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Simla costs
$1,170 per month, which is 29.1% cheaper than the national average of
$1,650 and 59.0% cheaper than the state average of
$1,860.
Can I afford Simla?
To live comfortably in Simla (zip 80835), Colorado, a minimum annual income of
$56,880 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Simla?
The cost of living in 80835 Simla, CO is relatively low compared to many other parts of the country. The median home value in the area is $178,100, which is lower than the national average. Groceries and basic living expenses are also less expensive than in most cities. Additionally, there are no state income taxes, so residents can save money on their taxes as well. The overall affordability of living in this area makes it an attractive option for those looking for a more affordable lifestyle without sacrificing on amenities and quality of life.