States › Colorado › Trinidad

Is Trinidad, CO expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,15934% lower than U.S. average
💵 Families earn per year (2026)$56,376about $4,698/month · 35% lower than U.S. average
🔑 House price$226,80032% lower than U.S. average

Rent is lower than in 78% of U.S. cities. A typical house costs about 4.0 years of household income. Commutes are short, about 17.4 minutes.

How much money do I need?

To rent here comfortably, you should earn about $46,360 a year. That is $22 an hour at a full-time job.

Is rent cheaper than other Colorado cities?

Yes. Rent here is cheaper than in most of Colorado. It is number 12 of 112 cities from cheapest to most expensive.

Trinidad
$1,159
Applewood
$2,401
Derby
$1,791
Twin Lakes
$1,930
Fruitvale
$1,788
Evergreen
$2,077
Lochbuie
$2,575

How much do households earn in Trinidad?

Under $25k
23.7%
$25k–50k
23.2%
$50k–100k
33.1%
$100k–150k
7.6%
$150k+
5.5%

Share of households by yearly income. 13.1% of households earn $100,000 or more.

Rent by apartment size in Trinidad

SizeTrinidadU.S. average
1 bedroom$698$1,324
2 bedrooms$1,072$1,509
3 bedrooms$714$1,698
4 bedrooms$1,534$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Trinidad overall?

Everyday prices in Colorado overall are 3% above the U.S. average (index 103.1, U.S. = 100).

Housing
127
Goods (food, clothes…)
99
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Trinidad, so the Colorado figure is shown.

Taxes and bills in Trinidad

🏛️ Property tax$569a year · 0.25% of home value · U.S. $3,119
⚡ Electric bill$188a month (typical) · U.S. $156

Life in Trinidad

Commute to work17.4 minU.S.: 26.4 min
College degree18.8%U.S.: 35.7%
Own their home60.3%U.S.: 65.2%
Below poverty line21.1%U.S.: 12.5%
Unemployment7.3%U.S.: 5.2%

Is it cheaper to rent or buy in Trinidad?

Renting is cheaper right now: about $415 a month less.

Renting
$1,159
Owning
$1,574

Owning assumes a typical $226,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,680 for the down payment.

Frequently asked questions

What is the average rent in Trinidad, CO?

Renting in Trinidad costs a median of about $1,159 a month in 2026, including utilities. The Colorado median is $2,080.

How much do I need to make to live in Trinidad?

To keep rent under 30% of income, you need about $46,360 a year, or $22 an hour at a full-time job.

Is Trinidad cheap or expensive?

Trinidad is rated OK: rent takes 24.7% of the typical household income of $56,376. It ranks 12th cheapest of 112 Colorado cities we track.

How much are property taxes in Trinidad?

The median homeowner in Trinidad pays $569 a year in property taxes, about 0.25% of the median home value.

Is Trinidad more expensive than the national average?

Overall prices in Colorado are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Trinidad?

The median home value in Trinidad is $226,800, about 4.0 times the typical yearly household income.

8,286 people live in Trinidad. Numbers are typical (middle) values.