Housing costs in Penrose?
A typical home costs
$345,000, which is 2.0% more expensive than the national average of
$338,100 and 34.6% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Penrose costs
$1,060 per month, which is 35.8% cheaper than the national average of
$1,650 and close to the state average of
$1,050.
Can I afford Penrose?
To live comfortably in Penrose (zip 81240), Colorado, a minimum annual income of
$66,240 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Penrose?
The cost of living in 81240 Penrose, CO is quite reasonable. According to BestPlaces's Cost of Living Index, the average cost of living in Penrose compared to the national US average is slightly below the national rate. This includes costs for food, housing affordability, transportation, utilities and more. Options for affordable housing include single-family homes and apartments that are within a reasonable price range. Groceries are also fairly inexpensive due to access to local markets and stores. With its picturesque mountain views and friendly atmosphere, 81240 Penrose is a great place to live at an affordable cost.