Zip 81030 (Cheraw, CO) Cost of Living


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United States / Colorado / No Metro Area / Otero County / Cheraw / Cheraw (zip 81030)
How much do I need to live in Cheraw, Colorado?
$2,700 / month
for a family, 50.0% less expensive than the national average A total of $32,400 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Cheraw cost of living score
72.2
Less expensive
27.8% lower
than the US average
40.1% lower
than the Colorado average
Cheraw (zip 81030), Colorado gets a BestPlaces Cost of Living score of 72.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.8% lower than the U.S. average and 40.1% lower than the average for Colorado.

Zip 81030 (Cheraw, CO)

Housing costs in Cheraw?
A typical home costs $168,700, which is 50.1% less expensive than the national average of $338,100 and 68.0% less expensive than the average Colorado home, at $527,200. Renting a two-bedroom unit in Cheraw costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and 81.3% cheaper than the state average of $1,650.

Can I afford Cheraw?
To live comfortably in Cheraw (zip 81030), Colorado, a minimum annual income of $32,400 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Cheraw?
The cost of living in 81030 Cheraw, CO is slightly below the national average. Housing costs are particularly attractive as the median home value is just over $152,000, which is almost 15% lower than the national average. The cost of food and other essentials is also relatively low in the area. Furthermore, utilities in 81030 are reasonably priced due to mild weather conditions throughout the year. All in all, 81030 Cheraw offers an affordable cost of living that is suitable for most budgets.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCherawColoradoUnited States
    Unlock120.5100.0
  93.9  Unlock100.0
    Unlock83.8100.0
  44.2  Unlock100.0
    Unlock$527,200$338,100
  105.5  Unlock100.0
    Unlock106.7100.0
  97.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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