CostIndexUSA

Grand Junction, CO vs Madison, WI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableCO
Grand Junction
95.5
overall index
$1,725/mo rent
WI
Madison
97.3
overall index
$1,625/mo rent

Grand Junction is slightly cheaper than Madison — 1.9% lower overall cost of living.

To match an $80,000 salary in Grand Junction, you would need $81,500 in Madison. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+15.4%
Grand Junction
86.4
Madison
99.7
🛒 Groceries2.4%
Grand Junction
96.1
Madison
93.8
🚗 Transportation≈ Equal
Grand Junction
104.8
Madison
104.4
🏥 Healthcare≈ Equal
Grand Junction
94.8
Madison
94.4
Utilities+7.8%
Grand Junction
83.3
Madison
89.8

Salary Equivalency Calculator

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

$
Equivalent salary in Madison, WI
$81,500
$1,500 more needed in Madison

Formula: salary × (97.3 ÷ 95.5) = salary × 1.0188. 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×

Madison, WI

Median Home Price
$429,000
Median Monthly Rent
$1,625
Housing Index
99.7
Price-to-Rent Ratio
22.0×

Madison has 15.4% 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

Madison, WI

Median Household Income
$82,100
Per Capita Income
$46,800
Unemployment Rate
2.2%
Population
269,186
Top Industries
EducationHealthcareGovernmentTechnologyFinance

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)

Madison, WI
4.2×income-to-rent ratio

76% 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.