Cost of living in Parachute, Colorado

Parachute, Colorado has about 1,422 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $271,400.

HUD's fair-market rent for a 2-bedroom in Garfield County is $1,781 a month. That is the county number, not an apartment listing in Parachute. It runs from October 2026 through September 2027.

Colorado's prices sit at 103.1 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.

Colorado taxes wages. A typical combined sales tax is 7.9% as of January 1, 2026. That mix is statewide, not Parachute's exact store tax.

In July 2026, a typical Colorado home paid 17.00¢ per kilowatt-hour. That is a state average from EIA, not Parachute's bill.

For the week of October 12, 2026, EIA's all-grades gasoline price in Colorado was $4.327 a gallon. At 12,000 miles a year and 25 mpg, the index counts that as $2,076.96 a year. Those miles are our standard, not a Census figure, and every town in Colorado shares this price.

Among 201 places we list in Colorado with a rent figure, 166 have higher typical rent than Parachute.