Housing costs in Aspen?
A typical home costs
$2,994,800, which is 785.8% more expensive than the national average of
$338,100 and 468.1% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Aspen costs
$5,820 per month, which is 307.0% more than the national average of
$1,430 and 71.6% more than the state average of
$1,650.
Can I afford Aspen?
To live comfortably in Aspen, Colorado, a minimum annual income of
$573,840 for a family, and
$194,000 for a single person is recommended.
What does A.I. say about Aspen?
The cost of living in Aspen, CO is among the highest in the United States. The median home price in Aspen is around $2 million and the average rent for a one-bedroom apartment is over $2,000. These figures are some of the highest in the country and illustrate how living in Aspen can be expensive. Additionally, goods and services tend to be more pricey than other cities due to its location and high demand from tourists. Overall, those looking to live in Aspen need to prepare themselves financially for higher costs compared to other parts of the country.