CostIndexUSA

Grand Junction, CO vs Missoula, MT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableCO
Grand Junction
95.5
overall index
$1,725/mo rent
MT
Missoula
96.4
overall index
$1,550/mo rent

Grand Junction is slightly cheaper than Missoula — 0.9% lower overall cost of living.

To match an $80,000 salary in Grand Junction, you would need $80,800 in Missoula. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+9.8%
Grand Junction
86.4
Missoula
94.9
🛒 Groceries≈ Equal
Grand Junction
96.1
Missoula
96
🚗 Transportation1.0%
Grand Junction
104.8
Missoula
103.7
🏥 Healthcare1.1%
Grand Junction
94.8
Missoula
93.8
Utilities13.4%
Grand Junction
83.3
Missoula
72.1

Salary Equivalency Calculator

Enter your current salary in Grand Junction to see what you'd need to earn in Missoula to maintain the same purchasing power.

$
Equivalent salary in Missoula, MT
$80,800
$800 more needed in Missoula

Formula: salary × (96.4 ÷ 95.5) = salary × 1.0094. Based on BEA Regional Price Parities.

Housing Market

Grand Junction, CO

Median Home Price
$418,000
Median Monthly Rent
$1,725
Housing Index
86.4
Price-to-Rent Ratio
20.2×

Missoula, MT

Median Home Price
$552,000
Median Monthly Rent
$1,550
Housing Index
94.9
Price-to-Rent Ratio
29.7×

Missoula has 9.8% higher housing costs compared to Grand Junction.

Income & Job Market

Grand Junction, CO

Median Household Income
$64,700
Per Capita Income
$36,900
Unemployment Rate
4.4%
Population
64,785
Top Industries
EnergyHealthcareAgricultureRetailGovernment

Missoula, MT

Median Household Income
$73,300
Per Capita Income
$41,800
Unemployment Rate
2.5%
Population
73,489
Top Industries
EducationHealthcareTourismGovernmentRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Grand Junction, CO
3.1×income-to-rent ratio

68% of income left after rent (median)

Missoula, MT
3.9×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.