Cost of Living in Palisade, CO

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

Cost of Living Overview

Overall Index

107.4

100 = national avg

+7.4 vs national average

Living Wage (1 Adult)

$47,240

per year

Living Wage (Family of 4)

$111,658

per year

Cost Index by Category

Housing
126.8
Food
97.1
Transportation
94.2
Healthcare
97.7
Utilities
103.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$986

per month

2 Bedroom

$1,249

per month

The overall cost of living index in Palisade is 107.4, which is 7.4% above the national average. Housing costs are above the national average at an index of 126.8. A single adult needs to earn approximately $47,240 per year to cover basic expenses.