Cost of Living in Hinsdale County, Colorado
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Hinsdale County Compares
Median monthly rent comparison
Detailed Housing Stats
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
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.