Colorado vs Oregon: cost of living compared

Statewide price levels and incomes from BEA (2024); gas prices from EIA (weekly).

Is it cheaper to live in Colorado or Oregon?

  • Overall, living costs in Oregon and Colorado are within 1% of each other (BEA, 2024).
  • To keep the same standard of living, $75,000 in Colorado works out to about $75,200 in Oregon, before taxes.
  • Housing is 14.7% lower in Oregon, goods 6.6% higher and other services 0.7% higher, which roughly cancel out.
  • Utility prices (electricity, gas, water) are 26.0% higher in Oregon.
  • After adjusting for local prices, personal income per person is $55,451 in Oregon and $65,223 in Colorado (15.0% lower in Oregon; BEA, 2024, in 2017 dollars).
  • Inside each state, metro price levels run from 97.8 in Grants Pass, OR to 105.4 in Portland, OR (Oregon) and from 91.8 in Pueblo, CO to 105.8 in Denver, CO (Colorado), US = 100.
  • The gap is about where it was in 2019 (1.3%).

derived Calculated from BEA Regional Price Parities and real personal income by state. Statewide averages mix cities and rural areas; taxes are not included. How we calculate.

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18% matches BEA's average basket. Set your own share if housing takes more or less of your budget.

Category by category

Both states against the US average (100).

Overall prices are about the same in Colorado and Oregon

Price level by category, 2024. US average = 100.

  • Colorado
  • Oregon
All items
Colorado: 103.1 Oregon: 103.4
Goods
Colorado: 98.7 Oregon: 105.3
Housing (rents)
Colorado: 127.4 Oregon: 108.6
Utilities
Colorado: 85.0 Oregon: 107.0
Other services
Colorado: 99.6 Oregon: 100.3

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).

Show the numbers
ColoradoOregon
All items103.1103.4
Goods98.7105.3
Housing (rents)127.4108.6
Utilities85.0107.0
Other services99.6100.3
CategoryColoradoOregonOregon vs Colorado
All items103.1103.4+0.3%
Goods98.7105.3+6.6%
Housing (rents)127.4108.6−14.7%
Utilities85.0107.0+26.0%
Other services99.6100.3+0.7%
Income per person, adjusted for prices $65,223 $55,451 −15.0%
Regular gas, week of October 19, 2026* $4.27 $5.56 +30.0%
Salary to match $75,000 in Colorado $75,000 $75,200 +0.3%

Index values: BEA, 2024, US = 100. Income: BEA real personal income per person, 2017 dollars. Gas: EIA weekly retail prices. *West Coast region average (EIA has no separate Oregon figure).

Cheapest and most expensive places in each state

Metro areas ordered from cheapest to most expensive. BEA, 2024, US = 100.

How the gap has changed since 2008

The price gap between Colorado and Oregon has narrowed since 2008: 5.5 points then, 0.3 now

Overall price level each year, 2008–2024. US average = 100.

  • Colorado
  • Oregon
US average = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
ColoradoOregon
2008103.397.8
2009102.4100.3
2010100.699.4
2011103.499.8
2012103.1101.1
2013103.1100.2
2014103.199.7
2015103.0101.1
2016102.799.6
2017102.9101.5
2018100.3104.7
2019102.5103.8
2020103.8103.2
2021102.8103.2
2022102.3106.6
2023101.9104.8
2024103.1103.4

Goods

  • Colorado
  • Oregon
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
ColoradoOregon
2008104.495.3
2009102.1101.6
2010101.399.7
2011101.699.8
2012101.4100.3
2013101.098.5
2014100.299.0
201599.799.1
201699.8100.4
201799.5100.2
201897.6104.6
2019101.6104.5
2020102.0104.6
2021101.8106.5
2022101.2109.1
202399.2104.8
202498.7105.3

Housing (rents)

  • Colorado
  • Oregon
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
ColoradoOregon
2008113.998.5
2009113.2101.5
2010112.2101.3
2011118.8100.4
2012115.7103.3
2013118.0101.7
2014120.8103.0
2015123.9105.4
2016126.2106.5
2017128.9110.2
2018128.3111.0
2019131.0110.2
2020130.4110.0
2021129.4109.2
2022129.5110.4
2023130.5109.2
2024127.4108.6

Utilities

  • Colorado
  • Oregon
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
ColoradoOregon
200878.384.2
200978.888.0
201083.986.4
201191.092.6
201285.795.0
201383.589.5
201496.895.3
201589.299.4
201689.396.0
201786.194.5
201884.592.5
201988.495.5
202088.595.6
202185.497.0
202289.490.8
202386.891.0
202485.0107.0

Other services

  • Colorado
  • Oregon
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
ColoradoOregon
2008100.9100.5
2009100.599.8
201097.599.5
2011100.4100.0
2012101.4101.4
2013101.0101.6
2014100.099.4
201599.8101.2
201698.597.1
201798.8100.0
201895.3103.4
201995.9101.8
202097.8100.4
202196.799.1
202296.1104.5
202396.5104.2
202499.6100.3

What incomes buy in each state

Income per person after adjusting for prices: $55,451 in Oregon, $65,223 in Colorado

Real personal income per person, constant 2017 dollars (adjusted for each state's price level and for inflation).

  • Colorado
  • Oregon
  • United States

Source: U.S. Bureau of Economic Analysis, real personal income by state (SARPI), 2008–2024.

Show the numbers
ColoradoOregonUnited States
2008$46,671$42,296$45,816
2009$44,278$39,625$44,204
2010$44,904$39,990$44,808
2011$45,648$40,584$45,957
2012$46,723$40,984$46,796
2013$47,745$41,181$46,358
2014$50,265$43,053$47,661
2015$51,351$44,964$49,396
2016$50,937$46,550$49,828
2017$52,749$46,985$51,006
2018$56,590$47,109$52,242
2019$57,869$48,660$53,683
2020$59,735$52,577$56,514
2021$64,359$55,852$59,365
2022$64,668$51,501$57,104
2023$65,363$53,455$58,088
2024$65,223$55,451$59,195

More

Related state comparisons

What this comparison leaves out

  • Taxes. State income, sales and property taxes differ a lot between states and are not included.
  • Where you live inside the state. Statewide figures average cities and rural areas; the metro lists above show the spread.
  • Your own spending mix. The default uses an average household. Use the housing slider if housing is a bigger share of your budget.
  • Timing. BEA price levels and incomes are for 2024; gas prices are weekly.

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