Cost of Living in Las Animas County, Colorado
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Las Animas County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Las Animas County ranks #2,537 of 3,144 counties for affordability (bottom 19%)
Data Story
About Cost of Living in Las Animas County, Colorado
Las Animas: Modest income, modest costs
Las Animas County residents spend 20.8% of household income on rent, matching Colorado's 20.2% state average despite having the lowest median income ($50,408) in this county comparison. The affordable housing stock aligns with the county's rural, lower-wage economy.
Affordable despite lean incomes
Las Animas' 20.8% rent-to-income ratio keeps pace with Colorado averages, an achievement in a county where median income falls $24,347 below the state typical. The county's low housing costs effectively match earnings patterns.
Southern coal country affordability
Las Animas' median rent of $875/month runs $378 below Colorado's state average, reflecting the county's post-coal-economy reality and small-town character. The median home value of $214,500 offers genuine entry-level ownership paths for modest-income households.
Rent and ownership nearly equivalent
Renters pay $875 monthly while owners spend $894—virtually identical costs making both paths equally viable in Las Animas' balanced market. With median income at $50,408, housing consumes about 20%, leaving modest but meaningful room for savings and other needs.
Genuine affordability for modest budgets
Las Animas County delivers Colorado's rarest asset: affordable housing paired with low incomes, making it viable for service workers, artists, and remote professionals prioritizing cost-of-living. If your household income runs $50,000–$60,000, Las Animas offers realistic paths to stable housing without the front-range squeeze.
Cost of Living Advisory: Las Animas County
Affordability Verdict
Las Animas County offers affordable rental housing at a median of $875/month — about 20.8% of the typical household income here.
Rent vs. Own
The median rent in Las Animas County is $875/month, while owner costs run $894/month. Renting saves approximately $19/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,000/year. For owner costs at the 28% rule, the required income is roughly $38,314/year. With a median household income of $50,408, most households can comfortably afford rent here. Notably, 30.0% of renter households in Las Animas County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Colorado, Las Animas County is less affordable than Phillips County by roughly 8% ($875/mo vs $947/mo).
Affordability Calculator
See how your income compares to housing costs in Las Animas County
Rent Burden
20.8%
of gross income
Max Housing (28% Rule)
$1,176
per month
Owner Cost Burden
21.3%
of gross income
The median home in Las Animas County may be a stretch
Median home value is $214,500. Estimated monthly cost: $1,712 vs. your max of $1,176.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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