North La Junta, CO vs Parachute, CO
North La Junta is moderately more affordable than Parachute, with a 14.8% lower cost of living index. North La Junta scores 74 compared to 86 for Parachute, where the US average is 100. This difference means residents of Parachute can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in North La Junta is $969/month compared to $1,050/month in Parachute — a 8% difference. Home values follow the same pattern: North La Junta is more affordable at $106,900 median vs $269,500.
Median household income in North La Junta is $50,125 compared to $58,910 in Parachute (-14.9%). While Parachute is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of North La Junta spend roughly 23.2% of their income on rent, more than the 21.4% in Parachute.
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