Colorado · Census, HUD and BEA figures · Updated

Cost of Living in Grand County, CO

Prices around Grand County, CO run 3.1% above the U.S. average (BEA, Colorado). The typical household there earns $88,612 a year, and HUD puts a two-bedroom at $1,475 a month. Keeping that rent under 30% of income takes about $59,000 a year.

Grand County, CO at a glance

Median household income

$88,612$7,384 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,475HUD FY2026 Fair Market Rent
Price level (U.S. = 100)103.1+3.1% · BEA, Colorado
Electricity17.1¢per kWh · EIA Residential CO
Population15,895Census ACS 5-year estimate

How much rent can you afford in Grand County, CO?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,475Monthly market rent
Share of gross income20%Recommended max: 30%
Annual income needed$59,000To meet the 30% standard
Max affordable rent$2,215At 30% of $88,612
0%30% (Affordability standard)100%
Compare against:

How much is rent in Grand County, CO? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Grand County, CO, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Grand County, CO, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,107$13,284$44,28015%
1-Bedroom Apartment$1,318$15,816$52,72017.8%
2-Bedroom ApartmentBenchmark$1,475$17,700$59,00020%
3-Bedroom Home$1,769$21,228$70,76024%
4-Bedroom Home$2,474$29,688$98,96033.5%

Rent in Grand County, CO, with the wage each unit needs →

What a typical income covers in Grand County, CO

The 50/30/20 rule applied to the local median of $88,612 a year ($7,384 a month before tax).

Needs (50%)$3,692/moRent ($1,475 2-BR), utilities (~$154/mo), groceries, transit
Wants (30%)$2,215/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,477/moEmergency fund, retirement, paying down loans

What $88,612 leaves after Colorado taxes

Federal income tax, Social Security, Medicare and Colorado tax on the local median income. Change the salary to see yours.

$88,612
$35,000$180,000
Filing status:
Gross salary breakdown$88,612
Net 77%
Fed 12%
CO 4%
FICA 8%
Annual take-home$67,978After all taxes
Monthly deposit$5,665Estimated per month
Biweekly paycheck$2,615Every 2 weeks (26/yr)
Effective tax rate23.3%Total tax burden
Federal income tax$10,665 / yr
Colorado state income tax$3,191 / yr
FICA (Social Security & Medicare)$6,779 / yr

Living in Grand County, CO: common questions

What is the median household income in Grand County, CO?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Grand County, CO is $88,612 per year (approximately $7,384 per month).

What is the average rent in Grand County, CO?

The closest official figure is HUD's Fair Market Rent for 2026: $1,107 for a studio, $1,318 for one bedroom, $1,475 for two, $1,769 for three and $2,474 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Grand County, CO expensive to live in?

Prices there run 3.1% above the U.S. average. BEA's regional price parity for Colorado is 103.1, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Grand County, CO?

To keep a $1,475 two-bedroom under 30% of gross income, a household needs about $59,000 a year, or $4,917 a month. That is 67% of what the typical household in Grand County, CO earns.

How much do you need to live comfortably in Grand County, CO?

On the local median income of $88,612 ($7,384 a month before tax), the 50/30/20 rule leaves $3,692 a month for needs like rent, utilities and groceries, $2,215 for everything else and $1,477 for savings or debt. A two-bedroom at $1,475 takes 40% of the needs share.

How much is the electric bill in Grand County, CO?

Homes in Colorado paid 17.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $154. Your bill depends mostly on heating and cooling.