Housing costs in Colorado Springs?
A typical home costs
$496,600, which is 46.9% more expensive than the national average of
$338,100 and 5.8% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Colorado Springs costs
$1,830 per month, which is 10.9% more than the national average of
$1,650 and 19.1% more than the state average of
$1,480.
Can I afford Colorado Springs?
To live comfortably in Colorado Springs (zip 80929), Colorado, a minimum annual income of
$95,040 for a family, and
$58,400 for a single person is recommended.
What does A.I. say about Colorado Springs?
The cost of living in 80929 Colorado Springs, CO is generally quite affordable. Compared to other cities in Colorado and across the United States as a whole, 80929 has a lower than average cost of living. The median home value for 80929 is $287,500 which is below the state, national and regional averages. Renting an apartment or house in the area is also generally very affordable with median rental rates ranging from $1,000 to $1,400 per month depending on size and location. Additionally, groceries and local amenities are reasonably priced making it easy for residents to stretch their income.