Cost of Living in Kit Carson County, Colorado

$916/mo
Median Monthly Rent
$221,400
Median Home Value
27% below state averageUnaffordable

At a Glance

Median Monthly Rent
$916/mo
27% below state average
Median Home Value
$221,400
21% below national
Rent-to-Income Ratio
28.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Kit Carson County Compares

Median monthly rent comparison

Kit Carson County$916/mo
Colorado Average$1,253/mo
National Median$1,163/mo

Detailed Housing Stats

$916/mo
Median Gross Rent
$221,400
Median Home Value
$852/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Kit Carson County, Colorado

Kit Carson: Better than national baseline

Kit Carson County residents spend 18.4% of household income on rent, beating the national average and Colorado's 20.2% state average. With a median household income of $59,810—below the U.S. median of $74,755—the county still manages strong housing affordability compared to most of America.

A most affordable Colorado county

Kit Carson ranks among Colorado's most affordable counties for renters, with housing costs consuming a smaller share of income than the state typical. At 18.4%, the rent-to-income ratio positions the county well relative to peers struggling with 20%+ burdens statewide.

Southeast Plains affordability advantage

Kit Carson's median rent of $916/month runs $337 below the state average of $1,253, matching the affordable profile of neighboring rural counties. The median home value of $221,400 reflects the lower-cost character of Colorado's eastern plains region.

Rent and ownership both accessible here

Renters pay $916 monthly while owners pay $852—a rare reversal showing that buying is slightly cheaper than renting in Kit Carson. With median income at $59,810, both housing options consume under 18% of household earnings, leaving room for other necessities.

Affordable plains living awaits

If Colorado's mountain-county rents feel out of reach, Kit Carson offers a genuine alternative with sub-$1,000 monthly rent and solid homeownership paths. The county's affordability advantage over state and national averages makes it worth considering for budget-conscious relocators.

Affordability Calculator

See how your income compares to housing costs in Kit Carson County

$

Rent Burden

18.4%

of gross income

Max Housing (28% Rule)

$1,396

per month

Owner Cost Burden

17.1%

of gross income

The median home in Kit Carson County may be a stretch

Median home value is $221,400. Estimated monthly cost: $1,768 vs. your max of $1,396.

Rent Affordability Guide

Your rent-to-income ratio18.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Kit Carson County, Colorado?
Kit Carson County, Colorado has a median monthly rent of $916/mo and a median home value of $221,400. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Kit Carson County?
The median gross rent in Kit Carson County is $916/mo. This is 27% below state average for Colorado.
Is Kit Carson County affordable?
Kit Carson County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Kit Carson County's rent compare to the state average?
Kit Carson County's median rent of $916/mo is 27% below state average of $1,253/mo for Colorado.
What is the median home value in Kit Carson County?
The median home value in Kit Carson County, Colorado is $221,400. This is 21% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.