Cost of living in Greeley, CO — Housing, Rent & Index

All states·Colorado·Greeley·Cost of living

Housing, rent, and a comparison to the US average.

$421,363
Median home value
$1,429/mo
Median rent
119
Cost index (US=100)
-1.6%
Home YoY change

The median home value in Greeley, CO is $421,363 as of 2026-04. That places Greeley above the US average for housing cost, with a cost index of approximately 119 versus a national baseline of 100.

Over the past 12 months, the median home value in Greeley has moved sideways, and over the past five years it has averaged +2.7% annual growth. The current price sits -4.9% from its 5-year peak in 2022-07.

Renters pay a median of $1,429 per month in Greeley. Rents have changed -1.6% over the last year and averaged +3.5% per year over five years.

Beyond housing, day-to-day costs in Greeley are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.

Housing

Median home value$421,363
1-year change-1.6%
5-year price growth+2.7%
10-year price growth+6.0%
vs 5-year peak-4.9%

Source: Zillow Home Value Index (ZHVI).

How Greeley compares

Cost index119 (above US)
Median home vs US (~$355k)+18.7%
Population114,363
Momentum score54 (Stable)

Cost index is currently a housing-only proxy; full BLS basket coming with ACS pull.

Affordability reality

Prices only mean something against local pay. Here’s how Greeley’s housing lines up with what people here actually earn.

Median rent vs income25% of local median income
Home price-to-income6.0× local median income

At $1,429/mo, rent eats about 25% of the local median household income of $69,881 — within the 30% rule of thumb for affordable housing.

The median home runs about 6.0× the local median income (severely stretched — a stretch even for local earners).

Daily life in Greeley

Climate

86°/56° summer43°/16° winter245 sunny days55″ snow/yr17″ rain/yr

Summers run mild (highs near 86°F) and winters are chilly (highs near 43°F), with about 55″ of snow a year.

Natural-hazard & insurance risk

Flood: lowTornado: moderateHurricane: very lowWildfire: highEarthquake: low

Insurance heads-up: in Greeley, wildfire risk is pushing some insurers to raise rates or stop writing new policies in the highest-risk areas.

Getting around

The average commute is 27 min — about the US average of ~27 min; 9% of workers are remote; 61% own their home.

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.