Cost of Living in Greeley, CO

With a cost of living index of 105, Greeley, CO is somewhat more expensive than average. Living here is 5% more expensive than the national average and 10% below the Colorado state average of 114. As a major city with a population of 109,421, Greeley offers a wide range of housing options, employment opportunities, and urban amenities.

Housing costs are the biggest factor in Greeley's cost of living. The median monthly rent is $1,333 (1% above the US median of $1,319), and the median home value sits at $369,600 (21% above the national median of $304,900). At current prices, the median home costs roughly 5.4x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Greeley is $68,650, which is 9% lower than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Greeley, CO (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.