Housing costs in Colorado Springs?
A typical home costs
$387,000, which is 14.5% more expensive than the national average of
$338,100 and 26.6% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Colorado Springs costs
$1,250 per month, which is 24.2% cheaper than the national average of
$1,650 and 18.4% cheaper than the state average of
$1,480.
Can I afford Colorado Springs?
To live comfortably in Colorado Springs (zip 80905), Colorado, a minimum annual income of
$74,160 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Colorado Springs?
The cost of living in 80905 Colorado Springs, CO is fairly affordable compared to other parts of the country. The median home price in this area is $242,000, which is lower than the national average. The median monthly rent for a one-bedroom apartment is $929 and utilities average around $110-140 per month. Groceries and dining out are also more affordable than many other places around the US. Transportation costs are also relatively low with gas prices coming in at an average of about $2.70 per gallon and public transportation options available for those who wish to use them. All in all, 80905 Colorado Springs makes for an affordable place to call home.