Housing costs in Durango?
A typical home costs
$677,500, which is 100.4% more expensive than the national average of
$338,100 and 28.5% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Durango costs
$1,410 per month, which is 1.4% cheaper than the national average of
$1,430 and 17.0% cheaper than the state average of
$1,650.
Can I afford Durango?
To live comfortably in Durango, Colorado, a minimum annual income of
$129,960 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about Durango?
Durango, CO has a fairly average cost of living compared to the rest of the United States. The city’s median home price is around $353,400 which is slightly higher than that of other cities in Colorado. However, food, transportation and healthcare costs are all lower than the national average, helping to offset some of the increased housing costs. Additionally, Durango has a number of tax incentives in place that can help with overall living costs even further. Overall, Durango offers an attractive cost of living for those looking to relocate or visit this beautiful mountain town.