Zip 81242 (Poncha Springs, CO) Cost of Living


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United States / Colorado / No Metro Area / Chaffee County / Poncha Springs / Poncha Springs (zip 81242)
How much do I need to live in Poncha Springs, Colorado?
$7,710 / month
for a family, 42.8% more expensive than the national average A total of $92,520 for the year for a family.
$3,433 / month
for a single person, 28.0% less expensive than the national average A total of $41,200 for the year for a single person.

Poncha Springs cost of living score
108.9
More expensive
8.9% higher
than the US average
9.6% lower
than the Colorado average
Poncha Springs (zip 81242), Colorado gets a BestPlaces Cost of Living score of 108.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.9% higher than the U.S. average and 9.6% higher than the average for Colorado.

Zip 81242 (Poncha Springs, CO)

Housing costs in Poncha Springs?
A typical home costs $482,500, which is 42.7% more expensive than the national average of $338,100 and 8.5% less expensive than the average Colorado home, at $527,200. Renting a two-bedroom unit in Poncha Springs costs $1,160 per month, which is 18.9% cheaper than the national average of $1,430 and 42.2% cheaper than the state average of $1,650.

Can I afford Poncha Springs?
To live comfortably in Poncha Springs (zip 81242), Colorado, a minimum annual income of $92,520 for a family, and $41,200 for a single person is recommended.

What does A.I. say about Poncha Springs?
The cost of living in 81242 Poncha Springs, CO is relatively low compared to some other areas of the state. The median home value in the town is $248,200, which is roughly 15% lower than the average Colorado home value. Property tax rates are also below the average for the state. Utility prices are also lower than average, with an average monthly electric bill of $88 and an average monthly gas bill of $30. Groceries are slightly higher than the national average, but still very affordable. Overall, living in 81242 Poncha Springs is an affordable choice for anyone looking to settle down in Colorado.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPoncha SpringsColoradoUnited States
    Unlock120.5100.0
  98.7  Unlock100.0
    Unlock83.8100.0
  114.8  Unlock100.0
    Unlock$527,200$338,100
  96.2  Unlock100.0
    Unlock106.7100.0
  116.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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