Housing costs in Erie?
A typical home costs
$708,600, which is 109.6% more expensive than the national average of
$338,100 and 34.4% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Erie costs
$2,300 per month, which is 39.4% more than the national average of
$1,650 and 17.0% more than the state average of
$1,910.
Can I afford Erie?
To live comfortably in Erie (zip 80516), Colorado, a minimum annual income of
$135,720 for a family, and
$76,000 for a single person is recommended.
What does A.I. say about Erie?
Living in 80516 Erie, CO can be quite affordable. The median home value is around $420,388 which is significantly lower than the national median of $219,600. Additionally, the cost of living index for this area is 95.1 which is slightly lower than the United States average of 100. Renters in this area tend to pay an average of $1450 per month for a one-bedroom apartment, and groceries and other goods are generally priced below the national average as well. Transportation costs are also relatively low due to the many public transportation options available in 80516 Erie, CO. All these factors make it possible to live comfortably on a budget in this area.