Colorado · Census, HUD and BEA figures · Updated

Cost of Living in Montrose County, CO

Prices around Montrose County, CO run 3.1% above the U.S. average (BEA, Colorado). The typical household there earns $72,120 a year, and HUD puts a two-bedroom at $1,168 a month. Keeping that rent under 30% of income takes about $46,720 a year.

Montrose County, CO at a glance

Median household income

$72,120$6,010 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,168HUD FY2026 Fair Market Rent
Price level (U.S. = 100)103.1+3.1% · BEA, Colorado
Electricity17.1¢per kWh · EIA Residential CO
Population43,807Census ACS 5-year estimate

How much rent can you afford in Montrose 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$1,168Monthly market rent
Share of gross income19.4%Recommended max: 30%
Annual income needed$46,720To meet the 30% standard
Max affordable rent$1,803At 30% of $72,120
0%30% (Affordability standard)100%
Compare against:

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

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

HUD Fair Market Rent in Montrose County, CO, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$884$10,608$35,36014.7%
1-Bedroom Apartment$890$10,680$35,60014.8%
2-Bedroom ApartmentBenchmark$1,168$14,016$46,72019.4%
3-Bedroom Home$1,624$19,488$64,96027%
4-Bedroom Home$1,959$23,508$78,36032.6%

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

What a typical income covers in Montrose County, CO

The 50/30/20 rule applied to the local median of $72,120 a year ($6,010 a month before tax).

Needs (50%)$3,005/moRent ($1,168 2-BR), utilities (~$154/mo), groceries, transit
Wants (30%)$1,803/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,202/moEmergency fund, retirement, paying down loans

What $72,120 leaves after Colorado taxes

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

$72,120
$25,000$145,000
Filing status:
Gross salary breakdown$72,120
Net 79%
Fed 10%
CO 3%
FICA 8%
Annual take-home$57,102After all taxes
Monthly deposit$4,758Estimated per month
Biweekly paycheck$2,196Every 2 weeks (26/yr)
Effective tax rate20.8%Total tax burden
Federal income tax$7,036 / yr
Colorado state income tax$2,465 / yr
FICA (Social Security & Medicare)$5,517 / yr

Living in Montrose County, CO: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Montrose County, CO is $72,120 per year (approximately $6,010 per month).

What is the average rent in Montrose County, CO?

The closest official figure is HUD's Fair Market Rent for 2026: $884 for a studio, $890 for one bedroom, $1,168 for two, $1,624 for three and $1,959 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 Montrose 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 Montrose County, CO?

To keep a $1,168 two-bedroom under 30% of gross income, a household needs about $46,720 a year, or $3,893 a month. That is 65% of what the typical household in Montrose County, CO earns.

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

On the local median income of $72,120 ($6,010 a month before tax), the 50/30/20 rule leaves $3,005 a month for needs like rent, utilities and groceries, $1,803 for everything else and $1,202 for savings or debt. A two-bedroom at $1,168 takes 39% of the needs share.

How much is the electric bill in Montrose 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.