Zip 80420 (Alma, CO) Cost of Living


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How much do I need to live in Alma, Colorado?
$9,330 / month
for a family, 72.8% more expensive than the national average A total of $111,960 for the year for a family.
$4,567 / month
for a single person, 4.2% less expensive than the national average A total of $54,800 for the year for a single person.

Alma cost of living score
117.8
More expensive
17.8% higher
than the US average
2.2% lower
than the Colorado average
Alma (zip 80420), Colorado gets a BestPlaces Cost of Living score of 117.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.8% higher than the U.S. average and 2.2% higher than the average for Colorado.

Zip 80420 (Alma, CO)

Housing costs in Alma?
A typical home costs $583,600, which is 72.6% more expensive than the national average of $338,100 and 10.7% more expensive than the average Colorado home, at $527,200. Renting a two-bedroom unit in Alma costs $1,650 per month, which is 0.0% cheaper than the national average of $1,650 and 12.7% cheaper than the state average of $1,860.

Can I afford Alma?
To live comfortably in Alma (zip 80420), Colorado, a minimum annual income of $111,960 for a family, and $54,800 for a single person is recommended.

What does A.I. say about Alma?
The cost of living in 80420 Alma, CO is quite high compared to other areas of Colorado. The median home value in the zip code is estimated to be around $750,000 which is significantly higher than the state median of $359,000. Renting a two bedroom apartment also costs more - $1,800 per month on average - than the rest of the state where such housing can range from just over $1,000 up to about $1,500 per month. With higher housing prices and a higher cost for basic goods and services, the cost of living in Alma is certainly higher than many other parts of Colorado.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAlmaColoradoUnited States
    Unlock120.5100.0
  100.0  Unlock100.0
    Unlock83.8100.0
  139.9  Unlock100.0
    Unlock$527,200$338,100
  87.4  Unlock100.0
    Unlock106.7100.0
  133.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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