Housing costs in Colorado Springs?
A typical home costs
$519,900, which is 53.8% more expensive than the national average of
$338,100 and 1.4% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Colorado Springs costs
$2,170 per month, which is 31.5% more than the national average of
$1,650 and 31.8% more than the state average of
$1,480.
Can I afford Colorado Springs?
To live comfortably in Colorado Springs (zip 80927), Colorado, a minimum annual income of
$99,720 for a family, and
$69,200 for a single person is recommended.
What does A.I. say about Colorado Springs?
The cost of living in 80927 Colorado Springs, CO is higher than the national average. According to BestPlaces.net, the overall cost of living index in 80927 Colorado Springs is 125.7, which is 25.7% higher than the national average. This includes housing costs (which are 33% higher than the national average), food costs (which are 5% higher than the national average), and healthcare costs (which are 7% higher than the national average). The monthly utility bill for a 915 sq foot apartment in 80927 is estimated to be around $158 per month. Groceries also tend to be slightly more expensive here with an estimated grocery bill for two people estimated at $507 per month.