Cost of Living in Fraser, CO

With a cost of living index of 134, Fraser, CO is a notably expensive place to live. Living here is 34% more expensive than the national average and 20% above the Colorado state average of 114. Fraser is a small community of 1,189 residents.

Housing costs are the biggest factor in Fraser's cost of living. The median monthly rent is $1,658 (26% above the US median of $1,319), and the median home value sits at $593,800 (95% above the national median of $304,900). At current prices, the median home costs roughly 7.3x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Fraser is $81,786, which is 9% higher than the national median of $75,149. Residents spend roughly 24% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.