Four Square Mile, CO

Yes — Four Square Mile is about 19% more expensive than the national average, with an overall Cost Index of 119. Housing is the biggest factor: the typical home here is valued around $448,200, and monthly rents average roughly $1,796. Day-to-day costs like groceries and utilities tend to run closer to the national norm.

Start with housing. Typical monthly rent is $1,796, while local median household income is $73,318. That implies a rent-burden proxy of about 29% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

Colorado has a progressive state income tax with a top rate of 4.4%. The effective property tax rate is 0.51%. On a home worth $448,200, that translates to roughly $2,286 per year in property taxes. Sales tax (state + local) averages around 7.79% on everyday purchases.

The typical monthly rent in Four Square Mile is around $1,796. That's about 33% higher than the $1,348 national median. For comparison, the median home value here is $448,200, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Four Square Mile is valued at $448,200. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $2,266/month for principal and interest alone — before property taxes and insurance. About 25% of residents here own their homes.

Grocery prices in Four Square Mile are about average compared to the rest of the US (index: 96, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 88). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

Four Square Mile is a small town with a population of about 21,788. The median age of residents is 31.7, skewing younger — often a sign of a college town or fast-growing area. The local poverty rate is 15.22%, near the national average of 12.4%.