Housing costs in Montrose?
A typical home costs
$508,600, which is 50.4% more expensive than the national average of
$338,100 and 3.5% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Montrose costs
$1,180 per month, which is 28.5% cheaper than the national average of
$1,650 and 5.1% more than the state average of
$1,120.
Can I afford Montrose?
To live comfortably in Montrose (zip 81403), Colorado, a minimum annual income of
$97,560 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Montrose?
The cost of living in 81403 Montrose, CO is quite reasonable compared to other parts of the country. Groceries, housing costs and utilities are all fairly inexpensive for a small community. The median home price is around $220,000, making it an affordable option for those looking to buy a home in this area. There are also plenty of rental properties available at lower rates than many other cities. Utilities including electricity, natural gas, water and garbage services are all reasonably priced and offer competitive plans depending on usage. Grocery prices are generally lower than the national average due to competition among stores within the area. Overall, living in 81403 Montrose, CO can be very affordable when compared to other cities and towns throughout the United States.