Can A Chef Afford Rent in Loveland, CO?

Stretched but workable — rent takes 34% of gross income.

Loveland rent: July 2026. Salary: BLS OEWS May 2024 (Colorado state estimate).

Loveland median rent
$1,910/mo
Chef salary (Colorado)
$67,358/yr
Rent as % of income
34%
Gross monthly income works out to about $5,613, and the 30% rule supports up to $1,684/mo in rent. Loveland's median rent of $1,910 exceeds that threshold by $226/mo, putting a chef salary into the rent-burdened range here. A chef works roughly 59 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 Loveland, which improves the affordability math on a chef salary:

Eagle, CO
$1,909/mo (34% of income)
Thornton, CO
$1,909/mo (34% of income)
Greenwood Village, CO
$1,909/mo (34% of income)

Compare with full rent data for Loveland

View full rent data for Loveland, CO

Frequently asked questions

Can a chef afford rent in Loveland, CO?

Median rent in Loveland is $1,910 a month. A typical chef in Colorado earns about $67,358 a year, which makes that rent 34% 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 Loveland?

Using the 30% rule, a chef salary in Colorado (~$67,358/yr) supports up to $1,684 a month in rent. Loveland's current median rent is $1,910/mo, which is $226/mo over the affordability threshold.

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

At an hourly equivalent of about $32 an hour, a chef in Colorado works roughly 59 hours a month to cover Loveland's median rent of $1,910.

Where is rent cheaper than Loveland for a chef?

Nearby Colorado cities with lower median rent include Eagle ($1,909/mo), Thornton ($1,909/mo), Greenwood Village ($1,909/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 Loveland, CO. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.