Can A Chef Afford Rent in Aspen, CO?

Rent-burdened — rent takes 314% of gross income.

Aspen rent: September 2026. Salary: BLS OEWS May 2024 (Colorado state estimate).

Aspen median rent
$17,626/mo
Chef salary (Colorado)
$67,358/yr
Rent as % of income
314%
Gross monthly income works out to about $5,613, and the 30% rule supports up to $1,684/mo in rent. Aspen's median rent of $17,626 exceeds that threshold by $15,942/mo, putting a chef salary into the rent-burdened range here. A chef works roughly 544.3 hours a month to cover that rent.

About rent and a chef salary

Chef pay varies sharply by restaurant type, with executive chefs at high-end establishments earning materially above the BLS mean. At the national-average chef salary, the 30% rule supports about $1,604 a month in rent.

Cheaper rent nearby

These Colorado cities have lower median rent than Aspen, which improves the affordability math on a chef salary:

Basalt, CO
$5,900/mo (105.1% of income)
Basalt, CO
$5,050/mo (90% of income)
Basalt, CO
$5,017/mo (89.4% of income)

Compare with full rent data for Aspen

View full rent data for Aspen, CO →

Frequently asked questions

Can a chef afford rent in Aspen, CO?

Median rent in Aspen is $17,626 a month. A typical chef in Colorado earns about $67,358 a year, which makes that rent 314% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a chef afford in Aspen?

Using the 30% rule, a chef salary in Colorado (~$67,358/yr) supports up to $1,684 a month in rent. Aspen's current median rent is $17,626/mo, which is $15,942/mo over the affordability threshold.

How many hours does a chef work to cover rent in Aspen?

At an hourly equivalent of about $32 an hour, a chef in Colorado works roughly 544.3 hours a month to cover Aspen's median rent of $17,626.

Where is rent cheaper than Aspen for a chef?

Nearby Colorado cities with lower median rent include Basalt ($5,900/mo), Basalt ($5,050/mo), Basalt ($5,017/mo). Each shifts the affordability math materially on a chef salary.

Methodology: Salary uses the BLS-derived Colorado state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Aspen, CO. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.