Housing costs in Vail?
A typical home costs
$1,665,600, which is 392.6% more expensive than the national average of
$338,100 and 215.9% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Vail costs
$5,100 per month, which is 209.1% more than the national average of
$1,650 and 60.2% more than the state average of
$2,030.
Can I afford Vail?
To live comfortably in Vail (zip 81657), Colorado, a minimum annual income of
$319,320 for a family, and
$155,200 for a single person is recommended.
What does A.I. say about Vail?
The cost of living in 81657 Vail, CO is quite high, with the median home price at $1,066,500. This reflects the area's popularity with wealthy vacationers and retirees who are drawn to the city's world-class ski resorts, year-round outdoor activities, and laid-back mountain lifestyle. Rent prices are also steep, ranging from $1,300 for a studio apartment up to $4,000 for a luxury three bedroom. Groceries and other essentials tend to be more expensive than in other parts of Colorado due to the area鈥檚 tourist economy. Transportation costs can also be high as many residents rely on private vehicles due to the town鈥檚 limited public transportation options.