Key Economic Benchmarks
Median Household Income
$79,024$6,585 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in San Miguel County, CO
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: San Miguel County, CO
Official FY2026 HUD Fair Market Rents for San Miguel County, CO. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,245 | $14,940 | $49,800 | 18.9% |
| 1-Bedroom Apartment | $1,254 | $15,048 | $50,160 | 19% |
| 2-Bedroom ApartmentBenchmark | $1,645 | $19,740 | $65,800 | 25% |
| 3-Bedroom Home | $2,288 | $27,456 | $91,520 | 34.7% |
| 4-Bedroom Home | $2,579 | $30,948 | $103,160 | 39.2% |
50/30/20 Living Budget in San Miguel County, CO
Based on the local median household income of $79,024/year ($6,585/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Colorado
Explore net income after federal income tax, FICA, and Colorado state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Colorado with official federal datasets:
Frequently Asked Questions About Living in San Miguel County, CO
What is the median household income in San Miguel County, CO?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in San Miguel County, CO is $79,024 per year (approximately $6,585 per month).
What is the average rent in San Miguel County, CO?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in San Miguel County, CO are $1,245 for a studio, $1,254 for 1 bedroom, $1,645 for 2 bedrooms, $2,288 for 3 bedrooms, and $2,579 for 4 bedrooms.
How does the cost of living in San Miguel County, CO compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in San Miguel County, CO is 103.1 (3.1% higher than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in San Miguel County, CO?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,645/month) in San Miguel County, CO requires a minimum gross household income of $65,800 per year ($5,483 per month).
What is a balanced 50/30/20 monthly budget in San Miguel County, CO?
For a typical household earning the median income of $79,024/year ($6,585/month) in San Miguel County, CO, a balanced 50/30/20 budget allocates $3,293/month to essential needs (rent, utilities, groceries), $1,976/month to discretionary spending, and $1,317/month to savings and debt repayment.
What are typical electricity and utility costs in San Miguel County, CO?
Residential electricity rates in Colorado average 17.1¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $154 per month.