Cost of Living in Grand Lake, CO

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

Cost of Living Overview

Overall Index

130.9

100 = national avg

+30.9 vs national average

Living Wage (1 Adult)

$57,595

per year

Living Wage (Family of 4)

$136,135

per year

Cost Index by Category

Housing
118.8
Food
126.9
Transportation
153.8
Healthcare
121.5
Utilities
119.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,318

per month

2 Bedroom

$1,475

per month

The overall cost of living index in Grand Lake is 130.9, which is 30.9% above the national average. Housing costs are above the national average at an index of 118.8. A single adult needs to earn approximately $57,595 per year to cover basic expenses.