Housing costs in Merino?
A typical home costs
$313,300, which is 7.3% less expensive than the national average of
$338,100 and 40.6% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Merino costs
$1,390 per month, which is 15.8% cheaper than the national average of
$1,650 and 27.3% more than the state average of
$1,010.
Can I afford Merino?
To live comfortably in Merino (zip 80741), Colorado, a minimum annual income of
$60,120 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Merino?
The cost of living in 80741 Merino, CO is very affordable. The median home cost in the area is $130,000, which is almost 20% below the national average. Utilities are also quite reasonable; the average monthly electricity bill is around $75, and water/sewer bills hover around $50 per month. Grocery prices are slightly higher than average but still within reason. With a low crime rate and a high quality of life, 80741 Merino offers residents an affordable place to live without sacrificing on safety or comfort.