Housing costs in Colorado Springs?
A typical home costs
$420,200, which is 24.3% more expensive than the national average of
$338,100 and 20.3% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Colorado Springs costs
$1,360 per month, which is 17.6% cheaper than the national average of
$1,650 and 8.8% cheaper than the state average of
$1,480.
Can I afford Colorado Springs?
To live comfortably in Colorado Springs (zip 80904), Colorado, a minimum annual income of
$80,640 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Colorado Springs?
The cost of living in 80904 Colorado Springs, CO is generally considered to be average for the United States. The median home price in the area is around $252,000 and the median monthly rent is at $1,220. Groceries prices are mostly comparable to the national average with utility bills being slightly higher. Taxes are also slightly higher than other states because Colorado does not have a state income tax. All in all, Colorado Springs offers a good balance between cost of living and quality of life.