Bonanza, CO Economy

Bonanza, CO is an attractive place to live for many people due to its low cost of living. The average rent for a two-bedroom apartment in Bonanza is only $920, which is significantly lower than the national mean of $1,430. Additionally, grocery items are also cheaper in Bonanza as the Grocery Cost Index is 108 versus 100 in the US.
As a small town with a population of around 1160 people, Bonanza offers residents a tranquil atmosphere with plenty of outdoor activities. Local companies such as Frey’s Garage Door Repair and Mountain View Excavating provide employment opportunities and contribute to the local economy. The neighborhood of Clover Springs offers family-friendly activities such as picnicking and fishing while Pahgre’s Restaurant provides delicious meals with fresh ingredients from local farms.