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Old 08-23-2016, 12:09 AM
 
838 posts, read 522,429 times
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Hey all, well I actually live in Colorado springs! This is just "I am curious thread" since I am super far from my retirement ha ha! But I am wondering what is the cheapest place to live in Colorado? Say my home is paid, I want to rent it out, 401k all set

and now just want to live in the country side thats low cost of living in Colorado. Where would that place be today? I know prices will change 20 - 30 years from now ha ha!! but just killing time asking this thread
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Old 08-23-2016, 08:40 AM
 
Location: Denver, CO
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I'd assume Eastern CO near the Kansas or Nebraska borders would probably be the cheapest.
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Old 08-23-2016, 08:51 AM
 
Location: Aurora, CO
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Quote:
Originally Posted by caverunner17 View Post
I'd assume Eastern CO near the Kansas or Nebraska borders would probably be the cheapest.
Yup. Think places like Limon, Wray, Burlington, Lamar, Springfield, and Campo.
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Old 08-23-2016, 08:53 AM
 
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How rural do you want to be? Lamar ranks highest for affordability according to this: http://www.bizjournals.com/denver/ne...ml?ana=twt#g11

If you get into towns too small there may be a negative cost effect in terms of having to commute for your food, truck in your heating fuel or even water, etc.

Sterling is another one to consider.
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Old 08-23-2016, 04:23 PM
 
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Originally Posted by bluescreen73 View Post
Yup. Think places like Limon, Wray, Burlington, Lamar, Springfield, and Campo.
Also here's a few towns to check out; Fowler, Olney Springs, and Ordway. I pulled up Realtor.com and checked out house prices for older homes in Ordway. Saw one at 221 Lincoln Ave- house is 810 sq. ft.--lot is 8407 sq. ft. Price? How about $29,000? Pretty cheap, I'd say. Lots of houses in the 40 to 50 thousand range. With those towns you're only maybe 45 minutes from Pueblo on U.S. 50. Been years since I've been through that area as I live four hours west of Denver.
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Old 08-23-2016, 06:39 PM
 
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Before you think too much about Crowley County - including Olney Springs and Ordway, make sure you know what you're getting into - the county sold off its water rights to pretty disastrous effects. Buying and drying: water lessons from Crowley County | The Colorado Independent I spent some time there last summer and it is nice for a short visit - but you might prefer the nearby Otero County towns instead unless you're sure the water issue doesn't matter. Crowley county hosts about 5000 people, half of them prisoners.
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Old 08-24-2016, 08:29 AM
 
Location: Western Colorado
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Olathe is pretty cheap to live.
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Old 08-24-2016, 08:37 AM
 
Location: The 719
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How about Florence? I know there are prisons in the area, but that area all the way to Brookside are pretty nice imo and you're near the Arkansas River, Pueblo and Pueblo West, Cosprings is just up 115, you're not far from the Westcliff area, and a trip west on hwy 50 will get you to the Royal Gorge, Monarch for skiing, Cripple Creek, etc.
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Old 10-18-2016, 07:14 AM
 
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Florence , thanks I had not thought of that , I want to retire also in southern Co but still see the mountains and be able to get there ...
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Old 10-18-2016, 07:40 AM
 
Location: Colorado Springs
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There are numerous cheap places. What are your expectations of these places? Nearness to mountains, recreation, airports, services, etc. At retirement, you may need regular access to medical facilities so that could be a factor. Ability to deal with cold and snow, driving skills, etc.
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