Housing costs in Olney Springs?
A typical home costs
$158,500, which is 53.1% less expensive than the national average of
$338,100 and 69.9% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Olney Springs costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 52.8% cheaper than the state average of
$1,650.
Can I afford Olney Springs?
To live comfortably in Olney Springs (zip 81062), Colorado, a minimum annual income of
$30,240 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Olney Springs?
The cost of living in 81062 Olney Springs, CO, is relatively low compared to the US average. The median home price in the area is around $90,000, which is much lower than the national average of $200,000. In addition, the average cost of groceries and utilities are also significantly lower than most other places in the country. Furthermore, transportation costs are minimal due to its small size and lack of public transit options. All in all, it is a great place for those looking for an affordable place to live.