Housing costs in Colorado Springs?
A typical home costs
$456,300, which is 35.0% more expensive than the national average of
$338,100 and 13.4% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Colorado Springs costs
$1,480 per month, which is 3.5% cheaper than the national average of
$1,430 and 11.5% cheaper than the state average of
$1,650.
Can I afford Colorado Springs?
To live comfortably in Colorado Springs Color Metro Area, Colorado, a minimum annual income of
$87,480 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Colorado Springs?
The cost of living in Colorado Springs, CO Metro Area is significantly higher than the US average. The metro area has an index of 110.3, which is 10.3 points higher than the national index of 100. This means that prices in the area are about 10 percent more expensive than the national average. Additionally, the median house value in Colorado Springs is $456,300 which is much higher than the US average of $338,100.