Housing costs in Colorado Springs?
A typical home costs
$482,400, which is 42.7% more expensive than the national average of
$338,100 and 8.5% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Colorado Springs costs
$2,170 per month, which is 31.5% more than the national average of
$1,650 and 31.8% more than the state average of
$1,480.
Can I afford Colorado Springs?
To live comfortably in Colorado Springs (zip 80938), Colorado, a minimum annual income of
$92,520 for a family, and
$69,200 for a single person is recommended.
What does A.I. say about Colorado Springs?
The cost of living in 80938 Colorado Springs, CO is quite reasonable. According to BestPlaces, the cost of living index in Colorado Springs is about 6% lower than the national average and 11% lower than the Colorado average. Housing costs are particularly low — according to Zillow, the median home value in 80938 is approximately $267,500 which is significantly cheaper than nearby cities like Denver or Boulder. Groceries, utilities and transportation also cost less than many other parts of Colorado. All in all, 80938 Colorado Springs offers a relatively affordable lifestyle with plenty of job opportunities and great outdoor activities.