Gunbarrel, CO vs Montrose, CO

The cost of living difference between Gunbarrel, CO and Montrose, CO is dramatic. Montrose is 60.2% cheaper than Gunbarrel, a gap that translates to thousands of dollars per year in household expenses. Gunbarrel has a cost index of 158 while Montrose sits at 99, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Gunbarrel is $1,924/month compared to $1,117/month in Montrose — a 72% difference. Home values follow the same pattern: Montrose is more affordable at $359,000 median vs $789,200.

Median household income in Gunbarrel is $111,506 compared to $63,177 in Montrose (+76.5%). While Gunbarrel is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gunbarrel spend roughly 20.7% of their income on rent, less than the 21.2% in Montrose.