Cost of Living in Hinsdale County, Colorado

$1,099/mo
Median Monthly Rent
$438,800
Median Home Value
12% below state averageUnaffordable

At a Glance

Median Monthly Rent
$1,099/mo
12% below state average
Median Home Value
$438,800
56% above national
Rent-to-Income Ratio
23.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Hinsdale County Compares

Median monthly rent comparison

Hinsdale County$1,099/mo
Colorado Average$1,253/mo
National Median$1,163/mo

Detailed Housing Stats

$1,099/mo
Median Gross Rent
$438,800
Median Home Value
$792/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Hinsdale County, Colorado

Hinsdale's low income, affordability trade-off

Hinsdale County residents earn a median of $64,327—14% below the national median of $74,755—but their rent-to-income ratio of 20.5% stays near affordable levels. Lower incomes offset by lower absolute rents keep housing accessible, though overall earning power is constrained.

Middle-ground affordability in state

Hinsdale's rent-to-income ratio of 20.5% sits essentially at Colorado's state average of 20.2%, placing it squarely in the state's affordability middle. The county's below-average income, however, limits overall economic mobility.

Hinsdale's lower costs, lower wages

Hinsdale's median rent ($1,099) and median home value ($438,800) are the lowest among nearby mountain counties like Gunnison and Grand. Yet Hinsdale also has the lowest median income ($64,327) of the region, indicating a less robust local economy.

Affordable housing, tight budgets

Renters in Hinsdale spend $1,099 monthly (20.5% of income), while owners pay $792—the county's most affordable ownership option regionally. However, the median income of $64,327 means residents have less disposable income after housing costs than wealthier neighbors.

Hinsdale for budget-conscious movers

Hinsdale offers Colorado's lowest housing costs, but the trade-off is a smaller local job market and lower wages. Consider it if you have remote income or are retiring on a fixed income; otherwise, explore neighboring counties with stronger employment options.

Affordability Calculator

See how your income compares to housing costs in Hinsdale County

$

Rent Burden

20.5%

of gross income

Max Housing (28% Rule)

$1,501

per month

Owner Cost Burden

14.8%

of gross income

The median home in Hinsdale County may be a stretch

Median home value is $438,800. Estimated monthly cost: $3,503 vs. your max of $1,501.

Rent Affordability Guide

Your rent-to-income ratio20.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Hinsdale County, Colorado?
Hinsdale County, Colorado has a median monthly rent of $1,099/mo and a median home value of $438,800. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Hinsdale County?
The median gross rent in Hinsdale County is $1,099/mo. This is 12% below state average for Colorado.
Is Hinsdale County affordable?
Hinsdale County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Hinsdale County's rent compare to the state average?
Hinsdale County's median rent of $1,099/mo is 12% below state average of $1,253/mo for Colorado.
What is the median home value in Hinsdale County?
The median home value in Hinsdale County, Colorado is $438,800. This is 56% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.