today we asked the age-old question where can you live in Colorado on 2500 a month in this
video I'm going to tell you just that everyone wants to know where they can live on the cheap
sometimes they want to know where they could save some money in their current state other people
want to know where they should move to save some money well today we're gonna figure that out about
Colorado Colorado's been a popular state since forever even before John Denver started yelping
about the Rocky Mountains we did this series like two years ago and we based it on what the typical
person gets in retirement today we're looking at what is considered the poverty line for a family
of three Nationwide that number in 2022 was 2 354 dollars we're just gonna round it up and call it
good this 2500 number should be enough for the average basic family of three to survive pay
their housing their utilities Transportation food and clothing we aren't considering debt like if
you got a bunch of student loans yo your bookie you have a shoe collecting fetish we're also not
considering health care or taxes those are different for everyone so you do your own
math this is the very basics of what you need to get by math and finances are a very complicated
subject and whenever I do a series like this I get a bunch of armchair mathematicians leaving
very lengthy comments so once again just the basics it get it good let's take a look
number 10 Cortez Colorado Cortez is located near Mesa Verde National Park a UNESCO world heritage
site that features ancient Cliff Dwellings and artifacts from the Pueblo people it is located
in Southwestern Colorado if you're looking for it on a map it's about 30 minutes Northeast of Four
Corners Cortez has a cost of living that's about two percent lower than the national average and
the average home price is around 221 thousand dollars obviously like every place they've got
a bunch that are way higher than that but they do currently have some homes that are for around 200
000 they're older and they probably need a little work but it's doable it's not much to rent here
there's a couple homes that are for rent right now but rents in Cortez can average anywhere from nine
hundred dollars to about fourteen hundred dollars on average with the cost of living
that is two percent lower than the national average and the average home price being 221
thousand estimated monthly expenditure for Cortez would be around 2 495. just under that 2500 mark
number nine Montrose Colorado Montrose is located near the Black Canyon of the Gunderson National
Park I like Montrose I haven't been there in a while but it's pretty neat place got all these
rugged mountains and canyons around there that were basically carved out by the Gunnison River
then you got Farmland it's pretty cool place it is situated in western Colorado Montrose has a
cost of living that's three percent lower than the national average the average home price here
is around 217 000. that one might be a little misleading because they have a lot of vacant
lots and acres for sale so that kind of brings down the price a little bit but they do have
homes here that are for sale and they're pretty cheap what also helps keep the cost down is a lot
of manufactured homes going for as low as 60 000 all the way up to about 175 000. they also have
a lot of new construction going on around this area so if you know you're not trying to get in
there for the cheapest you can get a newer home and those usually start off around 350 000 but
we're looking at the cheaper end of things if you do live in Montrose you're not too far away from
some really good skiing and just outdoor activity I mean it's Colorado why not and especially this
part of Colorado there is a ton of it the cost of living index like I said in Montrose is three
percent lower than the national average and the average home price is around 217 000 based on
these figures the estimated monthly expenditure in Montrose would be around 2470 dollars
number eight Delta Colorado Delta is just North of Montrose it is surrounded by Farms Orchards
mountains and beautiful scenery got some pretty good farmers markets there you can get fresh fruit
homemade pies all that good stuff it is located in western Colorado and has a cost of living
that's about five percent lower than the national average the average home price here is about two
hundred and nine thousand dollars now that's the average I would say most of the homes that go up
for sale are around 350 to 400 000 but they do have quite a few that or I'd say under 200 215
000 so it all averages out they don't have a bunch of things for rent around here but you
could find things as low as like 850 dollars a month on up to about sixteen hundred dollars I
think renting in Delta would be harder to keep it under that twenty five hundred dollar Mark
than actually buying a cheap home anyway with the cost of living index that's five percent lower
than the national average and the average home price is about two hundred nine thousand dollars
the estimated monthly expenditure in Delta would be around twenty four hundred dollars
number seven Alamosa Colorado alamosa's Alamosa is located in the San Luis Valley and it's right near
the Great Sand Dunes National Park and preserve which happened to be the tallest sand dunes in
North America you expect that near a beach or in a desert but no here it is in Colorado it's not
too far north from San Luis which is a town that happens to be the oldest non-native American town
in Colorado but this town is situated in Southern Colorado and alamosa's cost of living is five
percent lower than the national average and the average home price is around 206 thousand dollars
that ain't bad again that might be a little off because they have a lot of property for sale just
vacant lots and out there in the plains but you are surrounded by beautiful mountains so it might
be worth it to build a home here we have one right now it's a 40 acre lot for 29 000 that's it they
have another one twenty five thousand dollars for 38 acres I don't know the tiny house rules
are in this place but I think it might be worth looking into the cost of living index in Alamosa
is five percent lower than the national average and the average home price here is 206 000 based
on those figures the estimated monthly expenditure in Alamosa would be around 2 375 dollars now I'll
remind you that doesn't count health insurance debt things like that some people don't pay
anything for health insurance some people don't have health insurance some people have outrageous
health insurance bills and medical bills so like I said do your own math on that one if you're having
a hard time doing the math look up the YouTube channel Bry the math guy he tells you all about it
number six Craig Colorado Craig is home to the yupa River State Park which offers
all kinds of opportunities for outdoor stuff like fishing hiking and Wildlife viewing did
you know that's a thing normally it's a thing done by retirees but it is a thing Wildlife
viewing not just bird watching all Wildlife I saw an interview with Robin Williams years
ago and he was telling Johnny Carson how he likes to go Wildlife viewing Johnny Carson
goes like bird watching and stuff and he said no frat parties oh and one other thing it's
Yampa River not yumpa how many of you left that comment come on be honest don't delete
the comment anyway Craig Colorado was located in Northwestern Colorado and has cost living about
six percent lower than the national average the average home price here is 195 thousand dollars
with that cost of living being six percent lower and the average home price being 195
000 the estimated monthly expenditure in Craig Colorado would be around 2 325 dollars a month
number five Pueblo Colorado this one surprises me pueblo isn't just this little small town it
it's not huge it's no Denver or Colorado Springs which by the way it's south of Colorado Springs
Pueblo has about 112 000 residents that's in 2021. it also has the Arkansas River flowing
right through town and it has this nice little river walk thing it's it's pretty cool it's
sort of new I guess you could say it's well maintained it's not as big as the one in San
Antonio but it's pretty cool Pueblo is known for its green chili It's a spicy pepper that's
kind of a staple of Town's Cuisine they even have a festival for this chili Pueblo is the
smallest of the Front Range Metro areas with Denver Colorado Springs Fort Collins area and
it's also the most southern one the cost living index in Pueblo is 14 lower than the national
average which is outstanding and the average home price is about 184 000 based on these figures the
estimated monthly expenditure in Pueblo would be around 2000 255 dollars a month not bad
number four Sterling Colorado Sterling Colorado is home to the Overland Trail Museum which tells
the story of pioneers who traveled West along the Overland Trail in the 1800s Sterling is another
place that's a good sized town it's got a Home Depot and a Walmart Super Center they even got
a good size uh Medical Center here too this town was named after Sterling Illinois which
was the hometown of some railroad executive back in the day it also has the South Platte
river flowing right by town so that's kind of cool but here's the juicy part Sterling has a
cost living index that's 12 percent lower than the national average and the average home price
here goes for 165 thousand dollars that ain't bad this made a monthly expenditure in Sterling would
be about two thousand sixty dollars they have other homes here that are for sale for a lot
more but I poked around on Zillow and they've got quite a few older homes that might need a
little work going for under 200 000 there's even a few that look livable that are like 130 000.
number three Fort Morgan every time I see that I think of Captain Morgan I don't know why but
Fort Morgan is home to the Fort Morgan Museum which features exhibits on the town's history
as a frontier military post and agricultural Hub this another town sits on the South Platte River
a lot of towns in the Eastern side of Colorado that's where they were along the South Platte
River because a lot of the early Pioneers going this way were coming from Nebraska Nebraska is
on the Northern side of Colorado's eastern border the Arkansas River they kind of did the same thing
but that's down on the south side of Colorado some people would go down to Dodge City and then work
their way west and they'd follow the Arkansas River the cost of living index for Fort Morgan
is 10 percent lower than the national average and the average home price here is around 157
thousand dollars based on those figures the estimated monthly expenditure in Fort Morgan
would be around two thousand fifteen dollars now this one might be a little off because because
they have a lot of vacant lots and acres for sale here and that's going to mess up their average
number two Trinidad Colorado Trinidad was once a popular spot for Cowboys on the Santa Fe Trail
and today visitors can explore the town's Rich Western history at the Trinidad History Museum
I've been through here a couple times usually on Amtrak and one time two years ago I stayed
overnight it was kind of cool they had a nice barbecue place I ate there it was pretty cool
they also had a vegan place that I saw I didn't go in I'm not a vegan my favorite place is sexy
pizza how can Pizza not be sexy finally someone named a pizza place an appropriate name side note
if you ever do take the train here and you smell something horrible yes you passed the sewage plant
on the way into town the cost of living index in Trinidad is 21 lower than the national average and
the average home price here is 133 000 giving you an estimated monthly expenditure of around
eighteen hundred dollars this one does have some lots for sale bringing the price down a little bit
but realistically they have a bunch of homes here that are older and they're gonna need some work
but they're like a hundred fifty thousand hundred sixty thousand in that area they even have some
they're lower than that all right before we get to number one if you're thinking about moving to
another state there's a link for home and money it's a great website that will help you get a
real estate agent wherever you're going to move to in the United States all right on to number one
and number one Lamar Colorado Lamar Colorado is in Southeastern Colorado on the Arkansas River Lamar
is home to the largest remaining natural dinosaur trackway in North America it has over 1300 tracks
from the late Jurassic Period like dinosaurs walk through the clay and then it hardened and
eventually turned to stone and we can see their Footprints Lamar is one of the cheapest cities
or towns to live in in the entire State obviously it made it onto this list the cost living index
in Lamar is 18 percent lower than the national average and the average home price here is about
a hundred and five thousand dollars this is another one that's a little bit unrealistic
but it's still pretty cheap here because they got a lot of lots for sale for like 25 000 and
that's going to bring down their average quite a bit but they do have homes here for 124 000
for two bedroom two bath uh they have a few for like 150 000. overall just a cheap place to live
all right that's today's video hope you guys enjoyed it hope you got
some information out of it what state do you want to see next let me know
in the comment section below everybody have a great day be nice to each other