Housing costs in Hotchkiss?
A typical home costs
$387,900, which is 14.7% more expensive than the national average of
$338,100 and 26.4% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Hotchkiss costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 52.8% cheaper than the state average of
$1,650.
Can I afford Hotchkiss?
To live comfortably in Hotchkiss (zip 81419), Colorado, a minimum annual income of
$74,160 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Hotchkiss?
The cost of living in 81419 Hotchkiss, CO is relatively low compared to other areas. The area benefits from a low unemployment rate and an increasing job market. The median list price for homes in 81419 is $233,450, while the median rental price is $1,052 per month. Consequently, the housing market in this area is quite affordable for those looking for a place to call home. Groceries and other basic necessities are also relatively low-priced in the area. Additionally, healthcare and utilities are generally less expensive here than in some surrounding cities. All together, Hotchkiss is a great option for those who want to enjoy small town life without breaking their budget.