The cost of living in Grand Junction is reasonable and around the national average. The cost of housing is one of the larger indicators of the overall cost of living. The Grand Junction area offers a wide variety of new and existing homes. The median sales price in Mesa County of an existing single family home is $194,500 (Source: zillow.com) which compares favorably to other western metro areas. According to the fourth quarter 2009 Colorado Multi-Family Housing Vacancy and Rental Survey put out by the State of Colorado Department of Local Affairs, the average rental rate for the Grand Junction market area is $633.46 with a vacancy rate of 13.2%.
Median Sales Price of Existing Single Family Home (Source: zillow.com June, 2010)
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