Housing costs in Grand Junction?
A typical home costs
$343,100, which is 1.5% more expensive than the national average of
$338,100 and 34.9% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Grand Junction costs
$1,100 per month, which is 33.3% cheaper than the national average of
$1,650 and 2.7% more than the state average of
$1,070.
Can I afford Grand Junction?
To live comfortably in Grand Junction (zip 81503), Colorado, a minimum annual income of
$65,880 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Grand Junction?
The cost of living in 81503 Grand Junction, CO is generally considered to be very affordable. According to the most recent estimates, the median home value in this area is around $220,000, which is lower than the national average. The median household income in this area is around $53,741 and the median rent for a one-bedroom apartment in 81503 Grand Junction, CO is approximately $845 per month. Additionally, groceries and other basic necessities are usually priced competitively with other areas of Colorado. Overall, living in 81503 Grand Junction can provide individuals and families with a comfortable lifestyle at an affordable price.