Cost of Living in Colorado

The cost of living in Colorado State is quite reasonable, making it an attractive home for many people. The median home value is about $350,000, which is lower than the national median of over $430,000. Rent costs are also relatively low compared to other states. The average rent for a two-bedroom apartment is around $1,400 per month. Groceries and utilities tend to be slightly more expensive than in other parts of the country. On average, groceries cost about 10% more than the national average while utilities are slightly higher at 14%. Overall, however, Colorado State remains an affordable place to live with a high quality of life.

Our cost of living indices are based on a US average of 100. An amount below 100 means Colorado is cheaper than the US average. A cost of living index above 100 means Colorado, Colorado is more expensive.

Colorado cost of living is 120.5