Cost of Living in Greeley, CO

How far does a $70,000 salary go in Greeley? Estimated income taxes on that gross salary total approximately $9,679 per year — combining federal taxes with Colorado's state income tax. Subtract rent for a 2-bedroom apartment ($1,563/month based on HUD Fair Market Rents for the Greeley metro area) and the estimated annual take-home is $41,565, or roughly $3,464 per month for everything else: food, transportation, savings, and discretionary spending.

The Greeley metro has a cost of living index of 112.9 according to the Bureau of Economic Analysis Regional Price Parities (national average = 100). At 13% above average, Greeley is a noticeably expensive metro — groceries, services, and everyday purchases cost more than in most of the country.

At a $70,000 salary, the estimated 2-bedroom rent in Greeley represents approximately 27% of gross income. That approaches the 30% threshold commonly used to define affordability. A smaller unit or a higher salary would improve the picture.