Cost of Living in Grand Junction, CO
Population: 67,027 • 2026 Data
$66,676
Median Household Income
-14% vs national
$1,101
Median Monthly Rent
-18% vs national
$358,300
Median Home Value
+6% vs national
4.5%
Unemployment Rate
Housing in Grand Junction
The median home value in Grand Junction, CO is $358,300. Monthly rent for a typical unit averages $1,101, while total monthly housing costs (including utilities and insurance) average $1,163.
Rent-to-income ratio: 19.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Grand Junction, CO is $66,676. The unemployment rate stands at 4.5%, with a labor force of 34,315 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.