Cost of Living in Mead, CO

Population 5,503 · Colorado · Data vintage 2023

157
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Mead's housing market reflects its status as a high-earning metro: $552,000 for a typical home, 81% above the US median, paired with household incomes around $116,074 that put it in the upper third of the state. The labor market has been unusually tight, with unemployment around 2.4% — below most comparable cities in the state.

Geographically, Mead sits roughly 15 miles southwest of Greeley. Median home values run roughly 49% higher than Greeley's $370,000.

Cost Overview

Housing 181
Rent 120

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

About the Cost of Living in Mead

The median home value in Mead is $552,100 — 81% above the national median of $305,000. Median rent runs $1,583/month, 20% higher than the national median of $1,314/month. The median household income of $116,074/year is 56% higher than the US median of $74,580. The local unemployment rate is 2.4%, below 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, Mead has a cost of living index of 157 versus the US average of 100, meaning it is 57% more expensive.

🏠 Housing

Median Home Value
$552,100
81% above avg
Zillow Home Value
$309,886
Zillow ZHVI
Median Rent
$1,583/mo
20% above avg
Price-to-Rent Ratio
29.1x
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 93.5%
Renter-occupied 6.5%

💰 Estimated Monthly Budget

Rent median rent
$1,583
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,197/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
29.2 min
8% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.6%

Commute Mode

Drove alone
71.9%
Carpooled
4.6%
Walked
1.2%
Work from home
17.6%

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
$116,074
56% above avg
Per Capita Income
$48,451
Unemployment Rate
2.4%
49% below avg
Poverty Rate
1.0%
Labor Force Participation
77.4%

🎓 Education

Bachelor's degree+ 27.4%
Graduate degree 21.3%

👥 Demographics

Median Age 38.1
Male median age 38.4
Female median age 38

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 55 — Moderate
40%
Good air days/yr
162
Max AQI recorded
102
PM2.5 days
263
Ozone days

Frequently Asked Questions

What is the cost of living in Mead, CO?

Mead has a cost index of 157 (100 = national average). It is 57% above the national average.

What is average rent in Mead, CO?

The median gross rent in Mead is $1,583 per month based on 2023 Census data.

What is the average home price in Mead?

The median home value in Mead is $552,100 according to Zillow and Census data.

What is the median income in Mead?

The median household income in Mead is $116,074 per year (2023 ACS 5-year estimates).

What is the sales tax in Mead, CO?

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

Is Mead, CO affordable?

Mead is above average in cost of living, with an index of 157 — about 57% higher than the national average.

Mead at a Glance

Population
5,503
Median Income
$116,074
Home Value
$552,100
Median Rent
$1,583/mo
Unemployment
2.4%
Sales Tax
7.8%
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🗺️ County data for Colorado

Explore county-level cost of living data

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