Housing costs in Colorado Springs?
A typical home costs
$390,500, which is 15.5% more expensive than the national average of
$338,100 and 25.9% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Colorado Springs costs
$1,270 per month, which is 23.0% cheaper than the national average of
$1,650 and 16.5% cheaper than the state average of
$1,480.
Can I afford Colorado Springs?
To live comfortably in Colorado Springs (zip 80903), Colorado, a minimum annual income of
$74,880 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Colorado Springs?
The cost of living in 80903 Colorado Springs, CO is quite reasonable compared to other parts of the country. The average rent for a one bedroom apartment is around $800 a month, and a three bedroom apartment averages around $1,100. Groceries and utilities are comparable to the national average. Gas prices are typically lower than in many other states, averaging around $2.19 per gallon. Overall, it is an affordable place to live with plenty to do and explore.