Housing costs in Glenwood Springs?
A typical home costs
$723,100, which is 113.9% more expensive than the national average of
$338,100 and 37.2% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Glenwood Springs costs
$2,220 per month, which is 34.5% more than the national average of
$1,650 and 33.3% more than the state average of
$1,480.
Can I afford Glenwood Springs?
To live comfortably in Glenwood Springs (zip 81601), Colorado, a minimum annual income of
$138,600 for a family, and
$72,000 for a single person is recommended.
What does A.I. say about Glenwood Springs?
The cost of living in 81601 Glenwood Springs, CO is relatively high compared to the national average. The median home value is approximately $453,000 which is much more than the national average of $208,900. Renting a one-bedroom apartment can cost around $1,200 per month and groceries in the area will tend to be more expensive than elsewhere. Gas prices are generally higher than other geographic areas, and utilities for a 900 square foot apartment can range from $130-$150 per month. Despite the higher cost of living in Glenwood Springs, there are plenty of job opportunities in the area that offer competitive salaries which can help make up for the additional expenses.