States › Colorado › Grand Junction

Is Grand Junction, CO expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,53413% lower than U.S. average
💵 Families earn per year (2026)$75,581about $6,298/month · 13% lower than U.S. average
🔑 House price$389,80017% higher than U.S. average

Rent is lower than in 56% of U.S. cities. A typical house costs about 5.2 years of household income. Commutes are short, about 15.8 minutes.

How much money do I need?

To rent here comfortably, you should earn about $61,360 a year. That is $30 an hour at a full-time job.

Is rent cheaper than other Colorado cities?

Yes. Rent here is cheaper than in most of Colorado. It is number 22 of 112 cities from cheapest to most expensive.

Grand Junction
$1,534
$2,332
$1,975
$2,105

How much do households earn in Grand Junction?

Under $25k
14.9%
$25k–50k
21.2%
$50k–100k
35.1%
$100k–150k
15.6%
$150k+
7.7%

Share of households by yearly income. 23.3% of households earn $100,000 or more.

Rent by apartment size in Grand Junction

SizeGrand JunctionU.S. average
Studio$752$1,338
1 bedroom$890$1,324
2 bedrooms$1,234$1,509
3 bedrooms$1,782$1,698
4 bedrooms$2,043$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Grand Junction overall?

Everyday prices in the Grand Junction metro area are 5% below the U.S. average (index 95.5, U.S. = 100).

Housing
86
Goods (food, clothes…)
96
Utilities
83
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Grand Junction

🏛️ Property tax$1,463a year · 0.38% of home value · U.S. $3,119
⚡ Electric bill$125a month (typical) · U.S. $156

Life in Grand Junction

Commute to work15.8 minU.S.: 26.4 min
College degree38.1%U.S.: 35.7%
Own their home63.5%U.S.: 65.2%
Below poverty line11.8%U.S.: 12.5%
Unemployment4.8%U.S.: 5.2%

What jobs pay in Grand Junction

JobMedian payRent / pay
Pharmacist$147,17012.5%
Physician Assistant$129,93014.2%
Software Developer$123,99014.8%
Nurse Practitioner$120,71015.2%
Lawyer$113,61016.2%
Operations Manager$107,13017.2%
Dental Hygienist$98,91018.6%
Registered Nurse$95,99019.2%
Computer Systems Analyst$95,81019.2%
Police Officer$93,64019.7%
Civil Engineer$92,45019.9%
Accountant$76,87023.9%
Firefighter$70,19026.2%
Licensed Practical Nurse$64,48028.5%
Market Research Analyst$63,64028.9%
Plumber$61,43030.0%
HVAC Technician$60,54030.4%
Carpenter$60,23030.6%
Truck Driver$56,60032.5%
Electrician$56,55032.6%
Elementary School Teacher$52,23035.2%
Nursing Assistant$44,98040.9%
Medical Assistant$44,39041.5%
Server (Waiter/Waitress)$43,73042.1%
Customer Service Representative$41,49044.4%
Warehouse Worker$38,18048.2%
Restaurant Cook$36,42050.5%
Retail Salesperson$35,63051.7%
Cashier$34,39053.5%

Is it cheaper to rent or buy in Grand Junction?

Renting is cheaper right now: about $1,171 a month less.

Renting
$1,534
Owning
$2,705

Owning assumes a typical $389,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,980 for the down payment.

Frequently asked questions

What is the average rent in Grand Junction, CO?

Renting in Grand Junction costs a median of about $1,534 a month in 2026, including utilities. The Colorado median is $2,080.

How much do I need to make to live in Grand Junction?

To keep rent under 30% of income, you need about $61,360 a year, or $30 an hour at a full-time job.

Is Grand Junction cheap or expensive?

Grand Junction is rated OK: rent takes 24.4% of the typical household income of $75,581. It ranks 22nd cheapest of 112 Colorado cities we track.

How much are property taxes in Grand Junction?

The median homeowner in Grand Junction pays $1,463 a year in property taxes, about 0.38% of the median home value.

Is Grand Junction more expensive than the national average?

Overall prices in the metro area are 5% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Grand Junction?

The median home value in Grand Junction is $389,800, about 5.2 times the typical yearly household income.

68,142 people live in Grand Junction. Numbers are typical (middle) values.