Housing costs in Paonia?
A typical home costs
$389,400, which is 15.2% more expensive than the national average of
$338,100 and 26.1% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Paonia costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 55.7% cheaper than the state average of
$1,650.
Can I afford Paonia?
To live comfortably in Paonia (zip 81428), Colorado, a minimum annual income of
$74,520 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Paonia?
The cost of living in 81428 Paonia, CO is more expensive than the United States average, but still quite affordable. The median home cost in Paonia is around $346,000 USD, which is higher than the national median by just over $90,000. Despite the higher home prices relative to other locations in the U.S., rent prices are significantly lower than average at around $1,200 per month for a two-bedroom apartment. Utilities are moderately priced as well, with electricity and water costing an estimated 20% less than the national average. Other general costs such as groceries and entertainment are also quite affordable. All these factors taken together make Paonia a good option for those looking for a relatively low-cost place to live while also enjoying all that Colorado has to offer.