Housing costs in Grand Junction?
A typical home costs
$441,200, which is 30.5% more expensive than the national average of
$338,100 and 16.3% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Grand Junction costs
$1,140 per month, which is 30.9% cheaper than the national average of
$1,650 and 6.1% more than the state average of
$1,070.
Can I afford Grand Junction?
To live comfortably in Grand Junction (zip 81506), Colorado, a minimum annual income of
$84,600 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Grand Junction?
The cost of living in 81506 Grand Junction, CO is generally less expensive than many other areas of the country. The overall cost of living index for this zip code is 85.7, which is 15.3% lower than the U.S. average of 100. This means that day-to-day expenses such as food, housing, transportation and healthcare are all relatively inexpensive in comparison to other areas in the nation. Additionally, property tax rates and utility costs are also below national averages in 81506 Grand Junction, CO, making it an affordable place to live and work for families or individuals looking for a more cost-effective location.