cost of living in colorado

There are lots of things to do in Colorado, but you can’t ignore the cost of living in Colorado. Because Colorado has been ranked as one of the top 10 expensive states to live in by the United States & World Report. People working with a good salary package can easily move to Colorado. It is a state located in the Mountain West subregion of the Western United States. The state of Colorado is popularly famous for the Colorado River, outdoor activities and landscape, Vail, Aspen, and Ski resort, the Mile High city, and many more. Here we will see the cost of living in Colorado, let’s get started then. 

What Is The Cost Of Living In Colorado? 

The cost of living in Colorado is 121.1 as compared with the national cost of living in the United States. While the growing population of the state, its demand for housing, goods, and services is expected to go up. Let’s break down the exact cost of living in the state of Colorado for each main category. Here is the table that will give you the average cost of living in Colorado as compared with the national living cost. If the amount is less than 100, it means the cost of living in Denver Colorado is more and if the amount is more than 100 means the cost of living in Colorado Springs is more.  

Cost Of Living For ColoradoUSA 
Housing 166.1100
Grocery 100.7100
Transportation 106.7100
Utilities 98.4100
Health 95.8100
Miscellaneous 100.2100
Median Home Cost $488,600$291,700 
Overall 121.1100

Home Rent 

The cost of living in the different cities in Colorado, including the cost of living in Greeley Colorado, the cost of living in Broomfield Colorado, and the cost of living in Littleton Colorado increase due to higher house rents. Here are the approximate rent for one and two-bedroom houses in different cities in Colorado. 

City Approx 1 Bedroom Rent Approx 2 Bedroom Rent 
Denver $1605$2000
Colorado Springs $1830$2135
Durango $922$2263
Loveland $1559$2502
Longmont$1866$3070
Pueblo $1190$2134
Boulder $1971$2733
Vail $950$1800
Aurora $1832$2751
Littleton $1868$2992
Greeley $1125$1024
Broomfield $1573$2658

Food Cost 

The food cost in Colorado is not mixed and its changes as per different cities and locations. The cost of living in Durango Colorado, the cost of living in Loveland Colorado, and the cost of living in Pueblo Colorado are higher due to expensive food costs. In the state of Colorado, the average cost of food for a single person is $549 and for a family of four people, it is $1423. Here is a table showing the cost of living in different cities in Colorado, including the cost of living in Vail Colorado, the cost of living in Longmont Colorado, the cost of living in Boulder Colorado, and the cost of living in Aurora Colorado.    

City Approx Dinner Cost For 2 
Denver $45
Colorado Springs $28
Durango $32
Loveland $75
Longmont$125
Pueblo $30
Boulder $34
Vail $60 
Aurora $45
Littleton $109.9
Greeley $
Broomfield $

Travel Cost 

When you see the cost of living in Colorado vs California, you will find Colorado is cheaper than California. Because the average cost of living in Colorado per month is lower than that of California. In Colorado, the average cost of transportation for a single person is $82.6 and for a family of four people, it is $219. 

Other Expenses 

Next to house costs, food costs, and travel costs, there are lots of other expenses, let’s know it. 

Health Care 

The average cost of healthcare is around $356 for a single person. The residents of Colorado put a lot of emphasis on being outside and staying active. They are very health conscious in every aspect, from food to exercise, hobbies, and even therapy. 

Utility Bills 

Another factor for determining the cost of living in Colorado is utility bill costs. The average monthly utility bill in the state of Colorado is $241, putting it somewhere in the middle of the peak. So, the average monthly cost of living in Colorado Springs is not more expensive and also not cheaper. You need to earn a bulky salary to live comfortably in Colorado

Internet Bills 

The cost of living in Lakewood Colorado is affordable due to the affordable cost of the internet. But, it also goes up if you buy high-speed internet. So, the highest cost of living in Colorado is $5,390,937. 

Fitness 

The cost of fitness totally depends upon you, if you want to save some money, then you can start doing exercise yourself. 

Entertainment 

The cost of Entertainment is not fixed and varies as per the location. It depends on you, if you focus more on free entertainment places, then you can save some money. 

Taxes 

The cost of living in Denver, Colorado for a single person is more because it is no matter how little, or how much money you make, you will be taxed 4.50% of your income. And also there is a sales tax of 2.9%, also many cities add their own sales tax on top of this amount.

On Whatisss You Can Get To Know More Facts Like These.

FAQ

How Much Is Average Rent In Costa Rica?

Rent is very affordable in Costa Rica compared to the U.S. Numbeo reports that the average rent per month for a one-bedroom apartment in a city center is just $485. The average rent per month for a one-bedroom apartment outside of a city is $332.

How Much Would It Cost To Retire In Costa Rica?

Cost to Retire in Costa Rica
The average retiree can expect to spend around $1,500 per month or $18,000 a year. Couples can live well on $2,000 a month.

Can US Citizens Live In Costa Rica?

Costa Rica allows foreigners to buy real estate there, which is a rarity. Since property prices in the country are lower than in the US, many expats who plan to move to Costa Rica long-term chose to purchase a place of their own.

Is Healthcare Free In Costa Rica?

Costa Rica does have free public healthcare, but only for Costa Rican citizens who are most financially in need. This means that residents with a job and expats will have to pay for use of the public healthcare system (expats must provide proof of sufficient financial means in order to live in Costa Rica).

Conclusion 

While reading this article you come to know about the cost of living in the state of Colorado, as well as its different cities. Colorado is one of the great states with amazing cities to live in, but there is also a great cost of living. So, after reading this article, you may never forget about the cost of living in Colorado

 

To Know Some Great Stuff Do Visit QuerClubs

To Know Some Great Stuff Do Visit QueryPlex

To Know Some Great Stuff Do Visit SarkariXam

To Know Some Great Stuff Do Visit Largably

To Know Some Great Stuff Do Visit Bigbii