Cost of Living in Gunbarrel, CO

Population 10,424 · Colorado · Data vintage 2023

214
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Gunbarrel run well above the national baseline, with a median of $789,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $111,506 place the city among the better-paid Colorado metros.

Gunbarrel sits roughly 5 miles northeast of Boulder — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 20% lower than Boulder's $983,000.

Cost Overview

Housing 259
Rent 146

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Gunbarrel

The median home value in Gunbarrel is $789,200 — 159% above the national median of $305,000. Median rent runs $1,924/month, 46% higher than the national median of $1,314/month. The median household income of $111,506/year is 50% higher than the US median of $74,580. The local unemployment rate is 5.6%, above the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. Overall, Gunbarrel has a cost of living index of 214 versus the US average of 100, meaning it is 114% more expensive.

🏠 Housing

Median Home Value
$789,200
159% above avg
Median Rent
$1,924/mo
46% above avg
Price-to-Rent Ratio
34.2x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$884
1 BR
$960
2 BR
$1,251
3 BR
$1,611
4 BR
$2,004
Owner-occupied 60.3%
Renter-occupied 39.7%

💰 Estimated Monthly Budget

Rent median rent
$1,924
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,538/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
23.6 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
34.5%

Commute Mode

Drove alone
58.5%
Carpooled
1.6%
Public transit
1.4%
Walked
1.7%
Bicycle
1.9%
Work from home
34.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.4%
Total Sales Tax 7.8%
State rate 2.9%
Avg local rate 4.9%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$111,506
50% above avg
Per Capita Income
$70,422
Unemployment Rate
5.6%
16% above avg
Poverty Rate
9.4%
Labor Force Participation
70.6%

🎓 Education

Bachelor's degree+ 39.9%
Graduate degree 30.0%

👥 Demographics

Median Age 42.1
Male median age 40.8
Female median age 43.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 50 — Good
52.6%
Good air days/yr
181
Max AQI recorded
93
PM2.5 days
272
Ozone days

Frequently Asked Questions

What is the cost of living in Gunbarrel, CO?

Gunbarrel has a cost index of 214 (100 = national average). It is 114% above the national average.

What is average rent in Gunbarrel, CO?

The median gross rent in Gunbarrel is $1,924 per month based on 2023 Census data.

What is the average home price in Gunbarrel?

The median home value in Gunbarrel is $789,200 according to 2023 Census ACS data.

What is the median income in Gunbarrel?

The median household income in Gunbarrel is $111,506 per year (2023 ACS 5-year estimates).

What is the sales tax in Gunbarrel, CO?

The combined state and local sales tax rate in Gunbarrel is 7.8%. The Colorado state income tax top rate is 4.4%.

Is Gunbarrel, CO affordable?

Gunbarrel is above average in cost of living, with an index of 214 — about 114% higher than the national average.

Gunbarrel at a Glance

Population
10,424
Median Income
$111,506
Home Value
$789,200
Median Rent
$1,924/mo
Unemployment
5.6%
Sales Tax
7.8%
View all cities in Colorado →
🗺️ County data for Colorado

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs