States › Colorado › Mead

Is Mead, CO expensive to live in?

CheapRent takes 12 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,35223% lower than U.S. average
💵 Families earn per year (2026)$135,198about $11,267/month · 55% higher than U.S. average
🔑 House price$585,10076% higher than U.S. average

Rent is lower than in 66% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs about 4.3 years of household income. Commutes are long, about 30.6 minutes each way. Most homes (93.7%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $54,080 a year. That is $26 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 17 of 112 cities from cheapest to most expensive.

Mead
$1,352
$1,810
$2,324
$2,426
$1,711

How much do households earn in Mead?

Under $25k
2.6%
$25k–50k
14.1%
$50k–100k
32.0%
$100k–150k
33.5%
$150k+
17.1%

Share of households by yearly income. 50.6% of households earn $100,000 or more.

How expensive is Mead overall?

Everyday prices in Colorado overall are 3% above the U.S. average (index 103.1, U.S. = 100).

Housing
127
Goods (food, clothes…)
99
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Mead, so the Colorado figure is shown.

Taxes and bills in Mead

🏛️ Property tax$4,134a year · 0.71% of home value · U.S. $3,119
⚡ Electric bill$122a month (typical) · U.S. $156

Life in Mead

Commute to work30.6 minU.S.: 26.4 min
College degree50.3%U.S.: 35.7%
Own their home93.7%U.S.: 65.2%
Below poverty line1.4%U.S.: 12.5%
Unemployment2.3%U.S.: 5.2%

Is it cheaper to rent or buy in Mead?

Renting is cheaper right now: about $2,708 a month less.

Renting
$1,352
Owning
$4,060

Owning assumes a typical $585,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $58,510 for the down payment.

Frequently asked questions

What is the average rent in Mead, CO?

Renting in Mead costs a median of about $1,352 a month in 2026, including utilities. The Colorado median is $2,080.

How much do I need to make to live in Mead?

To keep rent under 30% of income, you need about $54,080 a year, or $26 an hour at a full-time job.

Is Mead cheap or expensive?

Mead is rated Cheap: rent takes 12.0% of the typical household income of $135,198. It ranks 17th cheapest of 112 Colorado cities we track.

How much are property taxes in Mead?

The median homeowner in Mead pays $4,134 a year in property taxes, about 0.71% of the median home value.

Is Mead 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 Mead?

The median home value in Mead is $585,100, about 4.3 times the typical yearly household income.

5,919 people live in Mead. Numbers are typical (middle) values.