
Housing costs in Redlands?
A typical home costs
$420,900, which is 24.5% more expensive than the national average of
$338,100 and 20.2% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Redlands costs
$1,420 per month, which is 0.7% cheaper than the national average of
$1,430 and 16.2% cheaper than the state average of
$1,650.
Can I afford Redlands?
To live comfortably in Redlands, Colorado, a minimum annual income of
$80,640 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Redlands?
The cost of living in Redlands, CO is quite affordable. The area's median household income is about $69,000 a year, compared to the national median of $61,000. The housing costs are also relatively low compared to other parts of the country with an average home costing around $300,000. Additionally, the overall cost of living in Redlands is approximately 11% lower than the national average. This includes grocery prices and other daily expenses. With such an advantageous cost of living, Redlands provides an attractive option for those looking to settle down in a peaceful community with all the amenities one would expect from a larger city.