Cost of Living in Colorado

Colorado has a cost of living index of 103.2, meaning overall expenses are 3.2% higher the national average. With 62 cities tracked in our database, the state offers a wide range of living situations from very affordable small towns to pricier metropolitan areas.

Housing is typically the largest expense category. Average rent in Colorado is approximately $1,799 per month, with significant variation between urban centers and rural communities. Median home values average around $599,578 statewide.

The state income tax rate in Colorado is 4.4%, which directly affects take-home pay. Factor this into salary comparisons when considering a move from states with different tax rates.