What is the cost of living in Montrose, CO?
According to the most recent data on the cost of living, Montrose has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Colorado, Montrose has a cost of living index that's 1.0x lower than Colorado's index of 114.
The standard of living in Montrose ranks as #20 most affordable out of the 111 places we measured in Colorado. By definition, that implies Montrose ranks as the #91 most expensive place in the Centennial State.
For more reading on life in Montrose, check out:
Montrose Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Montrose. Here is how it fares on each of the criteria:
The Services index in Montrose is 103.
The Groceries index in Montrose is 106.
The Health index in Montrose is 118.
The Housing index in Montrose is 109.
The Transportation index in Montrose is 109.
The Utilities index in Montrose is 107.
| Living Expense | Montrose | Colorado | National Average |
|---|---|---|---|
| Overall | 113 | 114 | 100 |
| Services | 103 | 104 | 100 |
| Groceries | 106 | 107 | 100 |
| Health | 118 | 135 | 100 |
| Housing | 109 | 104 | 100 |
| Transportation | 109 | 107 | 100 |
| Utilities | 107 | 107 | 100 |
Montrose Cost Of Living Compared To Colorado Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Colorado, check out:
Protect your home budget Compare home warranties in Montrose Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Montrose, 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 2020-2024. The key points are:
The Median Home Value in Montrose is $467,130.
The Median Rent in Montrose is $1,197.
The Median Income in Montrose is $70,386.
The Home Value To Income in Montrose is 6.6x.
The Rent To Monthly Income in Montrose is 0.2x.
Montrose, CO Costs By Category
Detailed Montrose Services costs vs. Colorado
Detailed Montrose Groceries costs vs. Colorado
Detailed Montrose Health costs vs. Colorado
Detailed Montrose Transportation costs vs. Colorado
Montrose SnackAbility
Cost Of Living In Cities Around Montrose
The cost of living varies in the cities and towns around Montrose. Here's a quick look at the cost of living in the most populous nearby places:
Delta, CO has a cost of living index of 104, 0.9x Montrose.
