Housing costs in Cherry Creek?
A typical home costs
$844,900, which is 149.9% more expensive than the national average of
$338,100 and 60.3% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Cherry Creek costs
$2,380 per month, which is 44.2% more than the national average of
$1,650 and 21.8% more than the state average of
$1,860.
Can I afford Cherry Creek?
To live comfortably in Cherry Creek (zip 80111), Colorado, a minimum annual income of
$162,000 for a family, and
$78,800 for a single person is recommended.
What does A.I. say about Cherry Creek?
The cost of living in 80111 Cherry Creek, CO is relatively high compared to the national average. The median home price in this area is approximately $499,000 which is significantly higher than the national median of $232,200. Additionally, the median rent for a one-bedroom apartment in this area is around $1,700 per month which is also much higher than the national average rent of $949. Despite these high costs of living, 80111 Cherry Creek offers a plethora of amenities that can make it worth the expense including excellent schools, an abundance of outdoor activities and recreation options, and close proximity to Denver's numerous entertainment and dining offerings.