Zip 81223 (Cotopaxi, CO) Cost of Living


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Cotopaxi cost of living score
91
Less expensive
9.0% lower
than the US average
24.5% lower
than the Colorado average
Cotopaxi (zip 81223), Colorado gets a BestPlaces Cost of Living score of 91, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.0% lower than the U.S. average and 24.5% lower than the average for Colorado.

Zip 81223 (Cotopaxi, CO)

Housing costs in Cotopaxi?
A typical home costs $312,800, which is 7.5% less expensive than the national average of $338,100 and 40.7% less expensive than the average Colorado home, at $527,200. Renting a two-bedroom unit in Cotopaxi costs $1,030 per month, which is 37.6% cheaper than the national average of $1,650 and close to the state average of $1,050.

Can I afford Cotopaxi?
To live comfortably in Cotopaxi (zip 81223), Colorado, a minimum annual income of $59,760 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Cotopaxi?
The cost of living in 81223 Cotopaxi, CO is relatively low compared to other parts of the state and country. The median home price here is $177,300, which is much lower than the average for Colorado as a whole. Taxes are also quite low, with sales tax at 2.9%, property tax rate of around 0.7%, and income tax at 4.63%. The average cost of utilities is also quite reasonable, with electricity costing about $99/month per household. Overall, 81223 Cotopaxi, CO offers an affordable cost of living that makes it attractive to both families and singles alike looking to settle down in an area with beautiful scenery and a moderate climate.
   Cost of living score
     CategoriesCotopaxiColoradoUnited States
  91.0120.5100.0
  99.6100.7100
  90.683.8100.0
  92.1167.5100.0
  $312,800$527,200$338,100
  100.7%98.4%100.0%
  80.4106.7100.0
  105.7120.4100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Cotopaxi
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Over 3 years ago

I’ve lived in Cotopaxi for 2.5 years and love it! If you like the mountains and space you will love it here. Weather is great with exception of. The wind. Lots of  More

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