Cost of Living in Grand junction, CO
Housing
The housing market plays a significant role in determining the cost of living in Grand junction, CO.
- Housing Index: 85.0 / 100
- Median Home Price is: $420,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Considering a move to Grand junction, CO? The city boasts a population of residents, with a median age of highlighting a fairly mature demographic. Many families call this place home, with approximately % of households being married couples. The median income stands at , reflecting a stable economy, despite a poverty level at %. Keep in mind the current unemployment rate of %, which offers insight into the job market. Overall, Grand junction may appeal to those looking for a balanced community with family-oriented values and economic potential.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Grand junction, CO.
- Electricity Price: $15.21 USD (median by state)
- Natural Gas Price: $11.3 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Grand junction, CO could entail higher utility costs. Electricity costs sit at $15.21, while natural gas is priced at $11.3 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Grand junction is a financially viable option for your relocation.