Grand Junction, CO Cost Of Living
Cost Of Living In Grand Junction, CO Summary
Cost of living in Grand Junction research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Grand Junction is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Colorado, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Grand Junction is 108, with 100 being the average.
The cost of living index in Grand Junction is 1.1x higher than the national average.
Grand Junction ranks as the #21 cheapest in Colorado out of 113.
Grand Junction ranks as the #3,467 cheapest out of 6,489 in the US.
The median home value in Grand Junction is $418,410.
The median income in Grand Junction is $66,676.
Table Of Contents
Grand Junction's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Grand Junction, CO?
According to the most recent data on the cost of living, Grand Junction has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Colorado, Grand Junction has a cost of living index that's 1.0x lower than Colorado's index of 111.
The standard of living in Grand Junction ranks as #21 most affordable out of the 113 places we measured in Colorado. By definition, that implies Grand Junction ranks as the #92 most expensive place in the Centennial State.
For more reading on life in Grand Junction, check out:
In Colorado
In America
Grand Junction Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Grand Junction. Here is how it fairs on each of the criteria:
The Services index in Grand Junction is 101.
The Groceries index in Grand Junction is 106.
The Health index in Grand Junction is 108.
The Housing index in Grand Junction is 126.
The Transportation index in Grand Junction is 110.
The Utilities index in Grand Junction is 91.
| Living Expense | Grand Junction | Colorado | National Average | |
|---|---|---|---|---|
| Overall | 108 | 111 | 100 | |
| Services | 101 | 102 | 100 | |
| Groceries | 106 | 103 | 100 | |
| Health | 108 | 101 | 100 | |
| Housing | 126 | 134 | 100 | |
| Transportation | 110 | 107 | 100 | |
| Utilities | 91 | 89 | 100 | |
Grand Junction, CO Housing Cost Breakdown
Housing swings affordability the most between places in Colorado, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Grand Junction is $418,410.
The Median Rent in Grand Junction is $1,101.
The Median Income in Grand Junction is $66,676.
The Home Value To Income in Grand Junction is 6.3x.
The Rent To Monthly Income in Grand Junction is 0.2x.
| Statistic | Grand Junction | Colorado | United States |
|---|---|---|---|
| Median Home Value | $418,410 | $540,183 | $303,400 |
| Median Rent | $1,101 | $1,693 | $1,348 |
| Median Income | $66,676 | $92,470 | $78,538 |
| Home Value To Income | 6.3x | 5.8x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
Grand Junction, CO Costs By Category
Detailed Grand Junction Services Costs Vs. Colorado
| Item | Grand Junction | Colorado |
|---|---|---|
| Shampoo | $1.11 | $1.28 |
| Movie | $10.84 | $12.13 |
| Bowling | $13.55 | $18 |
| Haircut | $27.07 | $24.26 |
| Beauty Salon | $38.5 | $45.56 |
Detailed Grand Junction Groceries Costs Vs. Colorado
| Item | Grand Junction | Colorado |
|---|---|---|
| Ground Beef | $5.27 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.6 | $4.67 |
| Potatoes | $4.16 | $4.93 |
| Pizza | $12.49 | $12.09 |
| Beer | $10.74 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
Detailed Grand Junction Health Costs Vs. Colorado
| Item | Grand Junction | Colorado |
|---|---|---|
| Optometrist | $108.15 | $125.68 |
| Doctor | $121.76 | $135.78 |
| Dentist | $124.32 | $113.29 |
Detailed Grand Junction Transportation Costs Vs. Colorado
| Item | Grand Junction | Colorado |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $56.9 | $59.92 |
Detailed Grand Junction Utilities Costs Vs. Colorado
| Item | Grand Junction | Colorado |
|---|---|---|
| All Electricity | $173.81 | $193.99 |
| Phone | $193.95 | $192.25 |
Grand Junction SnackAbility
/10
Cost Of Living In Cities Around Grand Junction
The cost of living varies in the cities and towns around Grand Junction. Here's a quick look at the cost of living in the most populous nearby places:
Clifton, CO has a cost of living index of 99, 0.9x Grand Junction.
Fruita, CO has a cost of living index of 110, 1.0x Grand Junction.
Delta, CO has a cost of living index of 99, 0.9x Grand Junction.
| City | Population | Cost Of Living | Vs. Grand Junction |
|---|---|---|---|
| Clifton, CO | 19,746 | 99 | 0.9x |
| Fruita, CO | 13,578 | 110 | 1.0x |
| Delta, CO | 9,266 | 99 | 0.9x |
| Redlands, CO | 8,771 | 123 | 1.1x |
| Fruitvale, CO | 7,998 | 107 | 1.0x |
| Orchard Mesa, CO | 6,597 | 104 | 1.0x |
