Most Affordable Places to Live in Colorado
Colorado, with its stunning mountain scenery, vibrant cities, and plethora of outdoor activities, is a dream destination for many. However, the state's popularity comes at a cost, making it a challenge to find affordable housing.
But don't despair! While the cost of living in Colorado can be high, there are still some pockets of affordability. Here are some of the most affordable places to live in the state:
Small Towns and Rural Areas
- Lamar: Situated in southeastern Colorado, Lamar offers a quiet and affordable lifestyle. With a median home price around $150,000, it's a great option for those seeking a slower pace of life.
- Sterling: This town in northeastern Colorado is known for its agriculture and cattle ranching. The median home price in Sterling is around $160,000, making it a good choice for budget-conscious buyers.
- Monte Vista: Nestled in the San Luis Valley, Monte Vista offers breathtaking mountain views and a strong sense of community. The median home price is around $200,000.
- Wray: Located on the eastern plains of Colorado, Wray is a small town with a tight-knit community and affordable living. The median home price is around $170,000.
- Fort Morgan: Located on the eastern plains, Fort Morgan has a strong agricultural economy and a relatively low cost of living. The median home price is around $180,000.
Smaller Cities and Towns Near Major Metropolitan Areas
- Greeley: Located just an hour north of Denver, Greeley offers a mix of city amenities and a more affordable cost of living. The median home price is around $300,000.
- Fort Collins: A college town with a vibrant cultural scene, Fort Collins is slightly more expensive than Greeley, but still offers affordability compared to Denver. The median home price is around $400,000.
- Colorado Springs: The second largest city in Colorado, Colorado Springs boasts stunning scenery, outdoor recreation, and a lower cost of living than Denver. The median home price is around $350,000.
Important Considerations
While these towns and cities offer more affordable living, it's important to consider the following:
- Commute times: Living in a more affordable area often means a longer commute to work or for other activities.
- Job market: Be sure to research job opportunities in the areas you're considering.
- Lifestyle: Consider your desired lifestyle and whether the community you choose aligns with your needs and preferences.
Ultimately, the best place to live in Colorado depends on your individual circumstances and priorities. By carefully considering your budget, lifestyle, and job opportunities, you can find a place that meets your needs and allows you to enjoy all that Colorado has to offer.
