Housing costs in Grand Junction?
A typical home costs
$376,500, which is 11.4% more expensive than the national average of
$338,100 and 28.6% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Grand Junction costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 54.2% cheaper than the state average of
$1,650.
Can I afford Grand Junction?
To live comfortably in Grand Junction Color Metro Area, Colorado, a minimum annual income of
$72,000 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Grand Junction?
Grand Junction, CO Metro Area is known for its relatively low cost of living. The area has a cost of living index of 98.6, which is lower than the US average of 100. This makes it an affordable place to live for those looking to cut back on expenses. On top of that, the median house value in Grand Junction is $376,500, below the US average of $338,100. This makes it an attractive option for those looking to purchase a home in an area with reasonably priced housing.