Housing costs in Durango?
A typical home costs
$590,400, which is 74.6% more expensive than the national average of
$338,100 and 12.0% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Durango costs
$1,490 per month, which is 9.7% cheaper than the national average of
$1,650 and close to the state average of
$1,480.
Can I afford Durango?
To live comfortably in Durango (zip 81303), Colorado, a minimum annual income of
$113,040 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Durango?
81303 Durango, CO is known for its low cost of living. According to BestPlaces, Durango has an overall cost of living index of 81.1 which is 13.6 percent lower than the national average. Groceries are about 2 percent cheaper than the national average and the consumer price index (CPI) is 6.5 percent below the US average. Additionally, housing costs in 81303 are quite reasonable, with a median home listing price being only $328,000 which is about 8 percent lower than similarly sized cities in Colorado. All these factors make Durango an attractive option for those looking for an affordable place to live in Colorado.