Housing costs in Cortez?
A typical home costs
$293,400, which is 13.2% less expensive than the national average of
$338,100 and 44.3% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Cortez costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 48.6% cheaper than the state average of
$1,650.
Can I afford Cortez?
To live comfortably in Cortez (zip 81321), Colorado, a minimum annual income of
$56,160 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Cortez?
The cost of living in 81321 Cortez, CO is relatively low compared to other areas. The median household income is approximately $50,000 per year and the median housing cost is around $254,000. The cost of utilities and groceries are also lower than the national average. Additionally, there is no state income tax which helps make the area more attractive to potential residents. For those that enjoy outdoor activities, Cortez offers an abundance of them with its close proximity to National Parks and Forests. All-in-all, Cortez proves to be a great place for families or individuals searching for an affordable place to live while still being surrounded by natural beauty.