Housing costs in Colorado Springs?
A typical home costs
$495,800, which is 46.6% more expensive than the national average of
$338,100 and 6.0% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Colorado Springs costs
$1,480 per month, which is 3.5% more than the national average of
$1,430 and 11.5% cheaper than the state average of
$1,650.
Can I afford Colorado Springs?
To live comfortably in Colorado Springs (zip 80939), Colorado, a minimum annual income of
$95,040 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Colorado Springs?
The cost of living in 80939 Colorado Springs, CO is quite reasonable, with an average cost of living index rating of 85.4. This means that the overall cost of goods and services in this area is about 15% lower than the national average. Housing costs are particularly reasonable here, with median home values at $239,400, compared to the national median value of $229,700. Additionally, utility costs here are very affordable due to the area's mild climate and low population density. For those looking for a more affordable place to live, 80939 Colorado Springs can be an excellent option.