Parachute, CO is a small town located in Garfield County, Colorado. It has an estimated population of 1,254 as of 2019. Despite its small size, Parachute has been consistently ranked highly by Bestplaces.net for many different categories such as cost of living, education, employment and housing. According to Bestplaces, Parachute is ranked first in the state for lowest cost of living and second for highest quality of life. Quality of education is also ranked very high in Parachute with the top nearby school being Grand Valley High School which scores higher than most schools in Colorado on average test scores and college readiness. Employment opportunities are strong in both the public and private sector with major employers including Williams Energy Services and Schlumberger. The median home value is relatively low at $253,100 making the town attractive to those who are looking for affordable housing options. Overall, Parachute offers excellent rankings across various categories making it a desirable place to live.
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