Housing costs in Hugo?
A typical home costs
$225,900, which is 33.2% less expensive than the national average of
$338,100 and 57.2% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Hugo costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 63.4% cheaper than the state average of
$1,650.
Can I afford Hugo?
To live comfortably in Hugo (zip 80821), Colorado, a minimum annual income of
$43,200 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Hugo?
Living in Hugo, Colorado (80821) is fairly affordable. The median home price is just over $130,000, and rent for a one-bedroom apartment averages around $650 per month. Additionally, groceries are affordable, with prices lower than the national average by almost 10%. Utilities such as gas and electricity are also lower than the national average by about 4%. While it may be pricier to purchase items such as cars or furniture due to the small population size, overall living in Hugo is an affordable option compared to larger cities.