Cost of Living in Granada, CO

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

73.5

100 = national avg

-26.5 vs national average

Living Wage (1 Adult)

$32,336

per year

Living Wage (Family of 4)

$76,431

per year

Cost Index by Category

Housing
62.8
Food
85.7
Transportation
71.4
Healthcare
88.5
Utilities
84.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$888

per month

2 Bedroom

$973

per month

The overall cost of living index in Granada is 73.5, which is 26.5% below the national average. Housing costs are below the national average at an index of 62.8. A single adult needs to earn approximately $32,336 per year to cover basic expenses.