Housing costs in Colorado Springs?
A typical home costs
$539,400, which is 59.5% more expensive than the national average of
$338,100 and 2.3% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Colorado Springs costs
$1,680 per month, which is 1.8% more than the national average of
$1,650 and 11.9% more than the state average of
$1,480.
Can I afford Colorado Springs?
To live comfortably in Colorado Springs (zip 80906), Colorado, a minimum annual income of
$103,320 for a family, and
$53,600 for a single person is recommended.
What does A.I. say about Colorado Springs?
The cost of living in 80906 Colorado Springs, CO is relatively affordable when compared to other cities in the US. The median household income is estimated to be $58,510 while the median home value is estimated to be $264,071. Renters can expect to pay an average of $1,186 per month for a one-bedroom apartment and $1,441 for a two-bedroom unit. Grocery costs are reasonable, with food items such as milk and eggs costing around the national average. Additionally, utility costs are also fairly low in this area. In general, 80906 Colorado Springs offers a good quality of life at an affordable price point and is an attractive place to live for those looking for more bang for their buck.