Cost of Living in Parachute, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
101.4
100 = national avg
+1.4 vs national average
Living Wage (1 Adult)
$44,623
per year
Living Wage (Family of 4)
$105,473
per year
Cost Index by Category
Housing115.8
Food95.0
Transportation90.1
Healthcare96.0
Utilities100.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,223
per month
2 Bedroom
$1,605
per month
The overall cost of living index in Parachute is 101.4, which is 1.4% above the national average. Housing costs are above the national average at an index of 115.8. A single adult needs to earn approximately $44,623 per year to cover basic expenses.