Housing costs in Lake City?
A typical home costs
$445,800, which is 31.9% more expensive than the national average of
$338,100 and 15.4% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Lake City costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 25.0% cheaper than the state average of
$1,650.
Can I afford Lake City?
To live comfortably in Lake City (zip 81235), Colorado, a minimum annual income of
$85,320 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Lake City?
The cost of living in Lake City, CO 81235 is relatively low compared to other cities in the US. The median home price is around $213,000 with a median household income of $47,801. Renters pay an average of $1,080 per month for housing in the area. Groceries and utilities are comparable to the national averages. With low taxes, affordable housing prices and amenities like local schools and great outdoor recreation opportunities, Lake City makes a great place to live for many people.