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Parachute, CO is an affordable place to live. The median home value in Parachute is $186,600, with the median household income around $51,588. This makes it easy for most people to purchase or rent a home at an affordable rate. Cost of living in this area is quite low compared to other places in Colorado and across the US. Additionally, the cost of food and groceries is slightly below average, making life here more affordable for those on a budget. Overall, Parachute provides an excellent balance between affordability and quality of life.Our cost of living indices are based on a US average of 100. An amount below 100 means Parachute is cheaper than the US average. A cost of living index above 100 means Parachute, Colorado is more expensive.
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