Cost of Living in Johnstown, CO

With a cost of living index of 128, Johnstown, CO is a notably expensive place to live. Living here is 28% more expensive than the national average and 14% above the Colorado state average of 114. Johnstown is a smaller community of 18,075 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Johnstown's cost of living. The median monthly rent is $1,767 (34% above the US median of $1,319), and the median home value sits at $493,500 (62% above the national median of $304,900). At current prices, the median home costs roughly 3.8x the median household income — a moderately affordable ratio by today's standards.

The median household income in Johnstown is $130,851, which is 74% higher than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

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.