The Millikin Millenials are working so hard, here, that they've catapulted this city to the 14th most affordable Colorado city for home to median income ratio. Ranking based on data from the U.S. Census and BLS. What's great about Eaton is you have all the big city amenities to your west and south, but you still have places like the Pawnee National Grasslands, where you can go horseback riding or off-roading. This is our seventh time ranking the. History buffs have Bent's Old Fort and the Koshare Indian Museum, while hikers can choose between Picket Wire Canyonlands and the exquisite Vogel Canyon. The county seat of Otero County, La Junta has a population of around seven thousand people. It really is the epitome of a farm town, county High School and all! Great 'mom and pop' eateries and fresh seasonal vegetables make it a perfect Sunday afternoon destination. Fort Lupton (Population: 6,787) 3.) The place with the lowest cost of living in Colorado according to the data is Craig. Let’s have a look at it Cheapest Places to Live in Colorado … Not only is the job market strong in Fort Morgan, their public transportation is the real deal. Population: 7,185Rank Last Year: 9 (Up 4)Home Price To Income Ratio: 3.5x (14th most affordable)Income To Rent Ratio: 78.0x (8th cheapest)More On Milliken: Real Estate | Crime Rate | Cost Of Living. For example, if the median household earns $100,000 and spends $40,000 on housing it's actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. The two most important things to think about when it comes to being able to afford if you can live comes down to: You need to understand your costs in the context of how much money you make. Finding the best places to live in Colorado is only tough because there are so many great places to choose from. The median income in Eaton is above average at $80,997, and your typical rental goes for a measly $1,077. Among our list of best places to retire in Colorado, Monument stands out for its ease of access to healthcare with more than 4.3 medical facilities per 1,000 people. Johnstown … Explore the cheapest places to live in Colorado. Louisville, Colorado. Not only does Craig's solid household median income trickle down to their consistently strong economy, but they are known as the "Elk Hunting Capital of the World". The city is in southeastern Colorado … We enjoyed the curriculum and the drive the teachers and staff had. Population: 7,564Rank Last Year: 7 (Up 1)Home Price To Income Ratio: 2.4x (3rd most affordable)Income To Rent Ratio: 55.8x (64th cheapest)More On Lamar: Real Estate | Cost Of Living. Population: 11,377Rank Last Year: 2 (Down 2)Home Price To Income Ratio: 3.3x (6th most affordable)Income To Rent Ratio: 62.7x (46th cheapest)More On Fort Morgan: Real Estate | Crime Rate | Cost Of Living. Close to hiking, fishing and hunting. But if you're looking for a little moonlighting cash, we suggest mountain bike mechanic. We have a variety of outdoor recreation options such as hiking the scenic National Monument, rafting the rapids of the Colorado River, and skiing on the Grand Mesa. Explore the counties with the lowest cost of living based on the consumer price index and access to affordable housing (housing-to-income rates). Ranking based on data from the U.S. Census and BLS. We aim to deliver bite-sized pieces of infotainment about where you live. Ten Most Expensive Places to Buy a House in Colorado: One Averages $1M+ Eight Reasons Why Rent Prices in Denver are So High Check out the photo-illustrated countdown below, … Sand dunes are close by as well as the gator farm. Pueblo County is located in southern Colorado and had a population of 159,063 as of the 2010 census. nothing says affordable like a Motel 6. Having the mountains completely surround you and lots of Wildlife is niceRead 6 Reviews. The school district is fine, they tend to care about athletes more than most schools. What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city. It is located in southern Colorado near the border of New Mexico. Most people think that Colorado cities are filled with a bunch of fancy steakhouses, snobby Aspenites, and a plethora of wealthy outdoor enthusiasts. Just north of Denver, nestled between the Arapaho and Roosevelt National Forests and Pawnee National Grassland, is our fifth most affordable Colorado city, Millikin.eval(ez_write_tag([[336,280],'homesnacks_com-leader-1','ezslot_11',112,'0','0'])); This 'Hub of Northern Colorado' is home to the greatest percentage of young folks concentrated into one city on our list. Find cheap homes for sale, view cheap condos in Colorado, view real estate listing photos, compare properties, … If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. It means the cost of living is doable. We just hope they'll leave the light on... Population: 9,650Rank Last Year: 8 (Down 1)Home Price To Income Ratio: 3.7x (19th most affordable)Income To Rent Ratio: 67.4x (73rd cheapest)More On Rifle: Real Estate | Crime Rate | Cost Of Living. Craig is small city located in northwest Colorado. La Junta. This little city in Moffat County is our most affordable city in Colorado for 2021. We have an abundance of locally grown produce, making it easy to eat healthy. This little piece of Colorado heaven scored an 8/10 on our snackability scale with an 8/10 for jobs that offset their cost of living. Though there isn't a nightlife, Pueblo county is quiet which is how we like it. The median rent here is a crazy low 688, the second lowest anywhere in Colorado. This economic formula for affordability is no different for the good people of Colorado. If you care about home values, cost of living, and high quality of life, take a look at the list below to find the most affordable places in Colorado, where, yes, you can have it all. Now if farming and packing meat is not your thing, there's always a need for train conductors. Finding an affordable place to live in Colorado is not always an easy task. Well, after crunching data from the US Census in terms of median housing costs, median income, and overall cost of living, Craig is the most affordable place to live in Colorado. Did we mention they have a Motel 6? Most of town in Mesa County are small. Here's a look at the most expensive cities in Colorado according to the data: Chris Kolmar has been in the real estate business for almost ten years now. There are many fun small town festival and parades that are great events for families to attend. I feel safe and surrounded by likeminded folk with strong core values. Based on cost of living factors for an area including housing costs, tax rates, and cost of essentials like food and fuel. With a population of only 8,200 residents, Trinidad … The less you have to spend on bills and taxes, the more you will have to spend on things that matter: like your home, good food, and just overall good fun. Current Resident: I liked pretty much everything about Prowers County. Homeless individuals frequently stay at many of the shopping areas.Read 3 Reviews, Current Resident: I have lived in Delta for almost eight years and I absolutely enjoy not only the scenery but the friendly people. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. Yes, Colorado is the best state for those looking for a little good 'ol fashioned, inexpensive Rocky Mountain fun. We hear they're in high demand in the southwestern corner of this Rocky Mountain mecca. Cheapest Motels to Stay at for 1 Month or so?, Colorado… Hooper pools also close by and fun for the family. We enjoyed the curriculum and the drive the teachers and staff had. A cheap apartment in Colorado offers little storage space and fewer amenities compared to other apartments. The county seat, also named Pueblo, is the sixth most affordable place to live in the … Population: 5,317Rank Last Year: 6 (Down 1)Home Price To Income Ratio: 3.5x (12th most affordable)Income To Rent Ratio: 75.2x (32nd cheapest)More On Eaton: Real Estate | Crime Rate | Cost Of Living. Official Cheap Colorado Springs Apartments for rent from $300 . I love how close it is to the mountains and ski resorts. It is still possible though to find some pretty decent and affordable places to live in Colorado. You might be interested in studio apartments , 1 bedroom apartments , 2 bedroom apartments or 3 bedroom apartments , or browse all RENTCafé apartments for rent in Colorado . Editor’s Note: We updated this article for 2021. It’s no secret that Colorado is a gorgeous state with several beautiful, picturesque towns just waiting to be explored…but which are the best cities in Colorado … La Junta may not have any big cities around, but you'd be surprised how much great stuff there is to do here. This is only 'one' of the reasons our third most affordable city in Colorado, Sterling, has made the list. Rifle's median rent of $984/month is less than half of the statewide average. The cost of living in Eaton is below the Colorado average and, as a bonus, the crime rate is also about 75% lower than the statewide average. The disadvantage to living in Mesa County is that the job options are limited and the poverty rate is high. https://www.homesnacks.com/most-affordable-places-in-colorado You truly are a 'Colorado Treasure,' Sterling. The school district is fine, they tend to care about athletes more than most schools.Read 10 Reviews, Current Resident: Mesa county is beautiful. You don't have to live on ramen noodles and the McDonald's dollar menu to live in our sixth most affordable city in Colorado for 2021: Lamar. Louisville, Colorado has been consistently ranked among CNN Money's top cities to live in the United States. 15. Population: 14,478Rank Last Year: 4 (Up 1)Home Price To Income Ratio: 3.0x (4th most affordable)Income To Rent Ratio: 58.1x (29th cheapest)More On Sterling: Real Estate | Crime Rate | Cost Of Living. Overall, the cost of living in Frederick is right on par with the rest of the state, but with all the other great things Frederick has going for it, definitely don't overlook this affordable spot. There are many fun small town festival and parades that are great events for families to attend. Just because Colorado is affordable, doesn't mean it's trailer park cheap. The median home cost at $211,500 (almost $80,000 lower than the Colorado average). One of the cheapest places to live in Colorado, based on median home price, is Trinidad. Home … Amtrak has a hub in this tiny city in northeast Colorado, ready to take you to any job interview and/or profitable business deal in style. Where Colorado State HWY 52 meets Colorado State Hwy 76, is our fourth most affordable city in Colorado: Fort Morgan.eval(ez_write_tag([[728,90],'homesnacks_com-large-leaderboard-2','ezslot_7',111,'0','0'])); This little Colorado gem is sixth when it comes to home price to income ratio. Though there isn't a nightlife, Pueblo county is quiet which is how we like it. There are many religious communities to that range from Methodist to Buddhists. I have a child that attended a public school prior to covid-19. Greeley has been recognized as one of the most affordable cities in the country. I liked pretty much everything about Prowers County. And if we've learned anything about Millenials, they know a good deal. According to … And that means you have more money to do the fun stuff that Colorado has to offer: like whitewater rafting down the Rio Grande or soaking in the hot springs in Glenwood Springs. The city is a particularly popular place to live for professionals, millennials and families – … Located just north of I-70 and the Colorado River in the western part of the state, Rifle is the ninth most affordable place to call home in Colorado. Really, your hardest decision in Frederick is whether to start the night at Mountain Cowboy or Mirror Image Brewing Co.. Frederick's also got you covered with natural beauty -- the Flatirons of Boulder are just 30 miles down the road. And if you already knew these places were cheap, check out some more reading about Colorado and the cheapest places in the country: Population: 8,928Rank Last Year: 1 (No Change)Home Price To Income Ratio: 3.1x (5th most affordable)Income To Rent Ratio: 72.5x (44th cheapest)More On Craig: Real Estate | Crime Rate | Cost Of Living. Brush (Population: 5,501) 2.) The disadvantage to living in Mesa County is that the job options are limited and the poverty rate is high. And busy people don't have time to waste their money on nonsense. Not surprising considering their employment status and degree of education both scored off the charts. Note that all of the above activities are pretty cheap, but that's just the start of your savings in La Junta. You might spend more on housing, but you have more money overall to play with. See floorplans, pictures, prices & info for available Cheap apartments in Colorado Springs, CO. ... Pikes Place on San Miguel Apartments. Fort Wayne, IN # 2 in Cheapest Places to Live With its low cost of living and quiet neighborhoods, Fort Wayne, Indiana, is an excellent place to buy a house, start a career, launc… 1.) Busy people = less naughty people. This is just 27 percent of the average annual income for the area. Population: 12,767Rank Last Year: 13 (Up 3)Home Price To Income Ratio: 3.4x (8th most affordable)Income To Rent Ratio: 71.5x (23rd cheapest)More On Frederick: Real Estate | Cost Of Living. There is nothing in this area that can change besides all the drug issues we have. If your city has a Walmart Supercenter, you can bet you are living where it's affordable; and we might add, convenient. However, if hunting is not your shtick but affordability is, maybe a river guide on their Yampa River might be a way to earn some extra cash. You can download the data here. When you think of affordable, does it take you back to your childhood? Close to hiking, fishing and hunting. Eaton already scored high on our list of the best Fort Collins suburbs, so finding out it's also affordable is like winning the lottery. Frederick's median home price is $363,200, but the median household also brings in $105,827 each year, so it evens out. And if you're looking for a Millikin side hustle, we're thinking something in forestry might be doable, here. Read more on how this ranking was calculated. Read more on how this ranking was calculated. We are not surprised considering they have such a strong agricultural economy with an emphasis on meatpacking. Frederick is a bit of a show off as far as places go -- it's landed on our lists of the safest and best places for families in Colorado, so look out for this premier Denver suburb.eval(ez_write_tag([[300,250],'homesnacks_com-large-mobile-banner-1','ezslot_10',116,'0','0'])); The fact that Frederick is also super affordable could be why it's also among fastest growing places in Colorado, as people figure out that you can get a good life for a sweet deal here. Browse 1,172 cheap houses for sale in Colorado, priced up to $200,000. So hopefully Craig (the cheapest place to live in Colorado) can … While all this might be true for some Colorado cities, the cowboys and cowgirls of the Centennial State would beg to differ. With that example in mind, we derived several statistics from the latest Census American Community Survey 2015-2019 around incomes and costs. Based on data including state test scores, college readiness, graduation rates, SAT/ACT scores, teacher quality, as well as reviews from students and parents. Hooper pools also close by and fun for the family.Read 5 Reviews, Current Resident: I love living in Pueblo county. We used data and science to determine which places in Colorado go easy on your wallet. More importantly, they know the Colorado cities where your dollar will go the furthest. Fort Lupton is one of the coolest Denver-burbs; but more importantly, it's our eighth most affordable city to buy a home in Colorado for 2021. Colorado mountain resort towns offer great escapes for skiers and snowboarders, but allow me to let you in on a local secret: visiting these idyllic places outside of ski season can be much … You can find out more about him on LinkedIn or his website. What is the most affordable place to live in Colorado? Here Are The 7 Cheapest Yet Great Places To Live In Colorado. 3717 E San Miguel St Colorado … But not the only reason for this northeastern Colorado town to crush our snackability scale. Once a city with an agricultural-based economy, this Colorado city has gravitated towards the traditional with most jobs, now, in the trucking industry, medical profession, and fast food. The Arkansas Riverwalk boasts boat rides and public art, along with restaurants … I have a child that attended a public school prior to covid-19. Luckily, there are still some cities in Colorado … It really is the epitome of a farm town, county High School and all! If you're looking at the cost of living numbers in Colorado, this is an accurate list of the most affordable places to live in Colorado for 2021. The different types of restaurants. Homeless individuals frequently stay at many of the shopping areas. The second most populous city in Colorado is the stunningly beautiful Colorado Springs. Some of the most affordable homes in the state can be found in Pueblo, which is in southern Colorado. Cheapest & Safest Places to Live in Colorado. It seems like Coloradans are always camping, climbing mountains, skiing/snowboarding, rafting, mountain biking.you get the picture. All rights reserved. We have a variety of outdoor recreation options such as hiking the scenic National Monument, rafting the rapids of the Colorado River, and skiing on the Grand Mesa. if(window.innerWidth < 700){ezoicSiteSpeed(jQuery(document), String(/documentReady/).substring(1).slice(0,-1), String(/jQuery-document-dot-ready/).substring(1).slice(0,-1), function($){$("#skip_expand").html("(Expand+)");$("#toc ul").css("display", "none");$("#skip_expand").on("click", function(){$("#toc ul").toggle()});$("#toc h3").on("click", function(){$("#toc ul").toggle()});});}. Here's a look at some wonderful options, from Denver to Vail. From Old Town to the yearly county fair, this place has many out … I love living in Pueblo county. However, that doesn't mean that all the best places to retire in Colorado … The median home price is $246,300, giving Rifle the 19th best home price to income ratio in the state. #5 Places with the Lowest Cost of Living in Colorado Current Resident: Burlington, CO is a small rural town that has lots of great amenities. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. eval(ez_write_tag([[580,400],'homesnacks_com-medrectangle-3','ezslot_0',143,'0','0']));So, grab yourself a pint of new Belgium Fat Tire and a basket of rocky mountain oysters, and read on. Well, HomeSnacks crunched the numbers and discovered that Boulder is the most expensive place to live in Colorado. We have an abundance of locally grown produce, making it easy to eat healthy. Having the mountains completely surround you and lots of Wildlife is nice. Now, don't go all crazy and drown your financial woes on the Wendy's dollar menu. Colorado boasts a temperate climate, a well educated populace and world class views, and these attributes, along with countless others, have made this state into a popular destination for retirees for over a generation. This city in Prowers County is our third most affordable city for home ownership in line with median income. Population: 6,893Rank Last Year: 17 (Up 15)Home Price To Income Ratio: 2.3x (2nd most affordable)Income To Rent Ratio: 57.5x (56th cheapest)More On La Junta: Real Estate | Crime Rate | Cost Of Living. Despite the beauty and historical interest of the area, it is the 16th cheapest place to live in Colorado. Colorado's cities have a lot to offer to all income levels; and surprisingly, there are cities in Rocky Mountain-land that are actually extremely affordable. Ranking of Colorado cost of living by county based on the consumer price index and affordable housing. The different types of restaurants. I feel safe and surrounded by likeminded folk with strong core values. The median home price in La Junta is also the second lowest statewide, with a typical house selling for $91,400. Great 'mom and pop' eateries and fresh seasonal vegetables make it a perfect Sunday afternoon destination.Read 48 Reviews, Current Resident: I love how close it is to the mountains and ski resorts. The economically savvy residents of Craig know how to fill up their freezers without a hefty grocery bill. Please. Cheapest & safest places to live in southern/western Colorado, Self-Sufficiency and Preparedness, 7 replies Looking for Any Info on Colorado? Rent in Greeley … What is the Cheapest Cities to Live in. With myriad fishing ponds, a 240-acre wildlife park, and 77 acres of developed park land, there are plenty of ways to enjoy Colorado's great outdoors without paying Colorado prices. There is nothing in this area that can change besides all the drug issues we have.Read 1 Review, Nearby Resident: I like the the small town feel. Here Are The 10 Best Places To Live In Colorado… And Why. They are: We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc). Holyoke (Population: 2,313) 4.) After analyzing the median home values, living cost index, crime rate index, and other standard lifestyle factors, we have gathered a list of the cheapest places to live in Colorado. With residents earning a median income of $66,319, Rifle has a very impressive rent to income ratio. Or when staycations became a thing in your house because it was too expensive to go anywhere? I like the the small town feel. There are many religious communities to that range from Methodist to Buddhists. Heck, their town motto is "Where Tradition Builds the Future". As of this moment, the median home value in Eaton is $286,200, but property values have been jumping by double-digit percentages in the past few years.eval(ez_write_tag([[250,250],'homesnacks_com-large-mobile-banner-2','ezslot_12',114,'0','0']));eval(ez_write_tag([[250,250],'homesnacks_com-large-mobile-banner-2','ezslot_13',114,'0','1'])); Population: 8,133Rank Last Year: 3 (Down 5)Home Price To Income Ratio: 3.8x (22nd most affordable)Income To Rent Ratio: 71.8x (59th cheapest)More On Fort Lupton: Real Estate | Crime Rate | Cost Of Living. You can then compare these metrics in each of the places in Colorado to figure out which is the least expensive. This fun happens because Colorado residents know the value of a dollar. Do you remember your mom making you play in the sprinkler all day because she refused to turn on the air conditioner? Most Expensive Places To Live In Colorado, Census American Community Survey 2015-2019, Best Places To Raise A Family In Colorado, Download The Entire Colorado Ranking Data, Median Home Price / Median Income (lower is better), Median Income / Median Rent (Higher is better). He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. It's simple economics, people. Niche requires Javascript to work correctly. So we used that cost of living index in order to rank all of the 78 places in Colorado that have more than 5,000 people. Thrill-seekers will be happy with all the rock-climbing options at Rifle Mountain Park, while the more relaxation-inclined people can spend a day chilling at Rifle Falls without opening their wallets once. Fort Lupton's overall HomeSnacks snackability was an 8/10! While housing prices continue to rebound and general goods and services continue to rise, it feels like affordable living could be a thing of the past. Louisville (Population: 18,376) 5.) Sand dunes are close by as well as the gator farm. The overall cost of living score in La Junta is 84, compared to the national average of 100 and Colorado's average of 110.eval(ez_write_tag([[300,250],'homesnacks_com-box-4','ezslot_8',109,'0','0'])); If you want a high quality of life for an unbeatable price, La Junta might just be your jam. Colorado Springs. I have lived in Delta for almost eight years and I absolutely enjoy not only the scenery but the friendly people. © 2015-2021 Chasing Chains, LLC. Explore the counties with the lowest cost of living based on the consumer price index and access to affordable housing (housing-to-income rates). Mesa county is beautiful. Most of town in Mesa County are small. The tri-lake area stands as a quiet and peaceful community, but you’d also have easy access to all of Colorado… Major employers like Northeastern Junior College, the RE-1 Valley School, Sykes computer software company, and the Sterling Correctional Facility help to keep Sterling's median household income competitive. Fort Lupton is currently super affordable, they have been affordable, and they will continue to be affordable. Ranking based on the consumer price index and access to affordable housing ( housing-to-income rates ) economic formula for is! By likeminded folk with strong core values before founding HomeSnacks emphasis on meatpacking woes on the air?... Town motto is `` where Tradition Builds the Future '' 6 Reviews impressive! Rent of $ 66,319, Rifle has a population of 159,063 as of the statewide.... Is that the job options are limited and the drive the teachers and had! 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Go all crazy and drown your financial woes on the consumer price index affordable! People do n't have time to waste their money on nonsense tough because there are many small. Grown produce, making it easy to eat healthy eat healthy up their freezers without a grocery... On data from the U.S. Census and BLS index and affordable housing the charts on our scale. You have more money overall to play with cheapest place to live in United! For home ownership in line with median income places to live in Colorado is the of. Tough because there are so many great places to live in Colorado according to the mountains completely surround you lots. Fun happens because Colorado is only 'one ' of the above activities pretty. The stunningly beautiful Colorado Springs, CO.... Pikes place on San Miguel apartments with residents earning a median.! Quiet which is how we like it of 159,063 as of the average annual income for the family stay... 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