salaryRent is lower than in 69% of U.S. cities. A typical house costs about 6.9 years of household income, so buying is hard for most locals. Commutes are short, about 18.4 minutes. It is a highly educated city: 60.3% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $51,720 a year. That is $25 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 14 of 112 cities from cheapest to most expensive.
How much do households earn in Gunnison?
Share of households by yearly income. 15.1% of households earn $100,000 or more.
Rent by apartment size in Gunnison
| Size | Gunnison | U.S. average |
|---|---|---|
| 1 bedroom | $1,232 | $1,324 |
| 2 bedrooms | $1,166 | $1,509 |
| 3 bedrooms | $2,241 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Gunnison overall?
Everyday prices in Colorado overall are 3% above the U.S. average (index 103.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Gunnison, so the Colorado figure is shown.
Taxes and bills in Gunnison
Life in Gunnison
Is it cheaper to rent or buy in Gunnison?
Renting is cheaper right now: about $1,906 a month less.
Owning assumes a typical $461,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $46,100 for the down payment.
Frequently asked questions
What is the average rent in Gunnison, CO?
Renting in Gunnison costs a median of about $1,293 a month in 2026, including utilities. The Colorado median is $2,080.
How much do I need to make to live in Gunnison?
To keep rent under 30% of income, you need about $51,720 a year, or $25 an hour at a full-time job.
Is Gunnison cheap or expensive?
Gunnison is rated OK: rent takes 23.1% of the typical household income of $67,071. It ranks 14th cheapest of 112 Colorado cities we track.
How much are property taxes in Gunnison?
The median homeowner in Gunnison pays $1,324 a year in property taxes, about 0.29% of the median home value.
Is Gunnison more expensive than the national average?
Overall prices in Colorado are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Gunnison?
The median home value in Gunnison is $461,000, about 6.9 times the typical yearly household income.
6,766 people live in Gunnison. Numbers are typical (middle) values.