Cost of living in Colorado
Statewide averages from BEA, with every metro area in the state compared.
What the numbers say
- Overall prices in Colorado are 3.1% above the national average, the 13th most expensive of 51 states and DC (BEA 2024).
- In Colorado, housing and everyday prices pull in different directions: housing is 27.4% above average, but everything else combined is about 2.4% below (our estimate from BEA's components).
- Within Colorado, metro price levels run from 91.8 in Pueblo, CO to 105.8 in Denver, CO (US = 100).
- Utilities stand out in Colorado: household electricity, gas, water and sewer prices are 15.0% below the US average.
- After adjusting for local prices, personal income per person is $65,223 in 2017 dollars, 8th of 51 (BEA 2024).
- Relative to the US, the price level in Colorado has barely moved: 103.3 in 2008, 102.5 in 2019 and 103.1 in 2024.
Written from this page's own figures. Price levels are for an average household basket and do not include taxes. How we calculate.
Where the money goes
Statewide price levels by category. Cities and rural areas within the state can differ a lot; see the metro table below.
In Colorado, housing is the category furthest from the US average: 27.4% above
Price level by category, 2024. US average = 100.
Bars to the right of the line cost more than the US average; to the left, less.
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Colorado | |
|---|---|
| All items | 103.1 |
| Goods | 98.7 |
| Housing (rents) | 127.4 |
| Utilities | 85.0 |
| Other services | 99.6 |
Gas prices
Regular gasoline averaged $4.27 a gallon in Colorado (statewide average) in the week of October 19, 2026, $0.01 less than the US average of $4.28. official
Gas prices in Colorado · Work out your commute's gas cost
Source: U.S. Energy Information Administration, weekly retail gasoline prices, regular grade, including taxes.
Cheapest places to live in Colorado
By overall prices, the cheapest of the 7 metro areas BEA measures in Colorado are Pueblo, CO (91.8), Grand Junction, CO (95.5) and Greeley, CO (100.2); the most expensive is Denver, CO (105.8). US average = 100, BEA 2024. Rural areas are not listed separately.
Pueblo, CO is the cheapest metro area in Colorado (91.8); Denver, CO the most expensive (105.8)
Overall price level, 2024. US average = 100.
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| All items | |
|---|---|
| Pueblo, CO | 91.8 |
| Grand Junction, CO | 95.5 |
| Greeley, CO | 100.2 |
| Colorado Springs, CO | 100.7 |
| Fort Collins, CO | 101.1 |
| Boulder, CO | 105.2 |
| Denver, CO | 105.8 |
| Metro area | Overall | Housing | Goods | Utilities | Other services | Typical rent |
|---|---|---|---|---|---|---|
| Pueblo, CO | 91.8 | 71.3 | 96.1 | 81.9 | 99.8 | $1,320 |
| Grand Junction, CO | 95.5 | 86.4 | 96.1 | 83.3 | 99.8 | $1,730 |
| Greeley, CO | 100.2 | 112.6 | 96.1 | 82.0 | 99.8 | $1,685 |
| Colorado Springs, CO | 100.7 | 116.2 | 96.1 | 83.2 | 99.8 | $1,764 |
| Fort Collins, CO | 101.1 | 120.6 | 96.1 | 82.2 | 99.8 | $1,973 |
| Boulder, CO | 105.2 | 157.0 | 96.1 | 82.7 | 99.8 | $2,196 |
| Denver, CO | 105.8 | 146.9 | 101.0 | 87.9 | 99.4 | $1,900 |
Price levels: BEA, 2024, US = 100. Rent: Data Provided by Zillow Group, September 2026.
How prices have changed since 2008
Price levels relative to the whole country in each year, not inflation.
Colorado has stayed above the US average since 2008
Overall price level each year, 2008–2024. US average = 100.
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Colorado | |
|---|---|
| 2008 | 103.3 |
| 2009 | 102.4 |
| 2010 | 100.6 |
| 2011 | 103.4 |
| 2012 | 103.1 |
| 2013 | 103.1 |
| 2014 | 103.1 |
| 2015 | 103.0 |
| 2016 | 102.7 |
| 2017 | 102.9 |
| 2018 | 100.3 |
| 2019 | 102.5 |
| 2020 | 103.8 |
| 2021 | 102.8 |
| 2022 | 102.3 |
| 2023 | 101.9 |
| 2024 | 103.1 |
Goods: 104.4 in 2008, 98.7 in 2024
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Colorado | |
|---|---|
| 2008 | 104.4 |
| 2009 | 102.1 |
| 2010 | 101.3 |
| 2011 | 101.6 |
| 2012 | 101.4 |
| 2013 | 101.0 |
| 2014 | 100.2 |
| 2015 | 99.7 |
| 2016 | 99.8 |
| 2017 | 99.5 |
| 2018 | 97.6 |
| 2019 | 101.6 |
| 2020 | 102.0 |
| 2021 | 101.8 |
| 2022 | 101.2 |
| 2023 | 99.2 |
| 2024 | 98.7 |
Housing (rents): 113.9 in 2008, 127.4 in 2024
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Colorado | |
|---|---|
| 2008 | 113.9 |
| 2009 | 113.2 |
| 2010 | 112.2 |
| 2011 | 118.8 |
| 2012 | 115.7 |
| 2013 | 118.0 |
| 2014 | 120.8 |
| 2015 | 123.9 |
| 2016 | 126.2 |
| 2017 | 128.9 |
| 2018 | 128.3 |
| 2019 | 131.0 |
| 2020 | 130.4 |
| 2021 | 129.4 |
| 2022 | 129.5 |
| 2023 | 130.5 |
| 2024 | 127.4 |
Utilities: 78.3 in 2008, 85.0 in 2024
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Colorado | |
|---|---|
| 2008 | 78.3 |
| 2009 | 78.8 |
| 2010 | 83.9 |
| 2011 | 91.0 |
| 2012 | 85.7 |
| 2013 | 83.5 |
| 2014 | 96.8 |
| 2015 | 89.2 |
| 2016 | 89.3 |
| 2017 | 86.1 |
| 2018 | 84.5 |
| 2019 | 88.4 |
| 2020 | 88.5 |
| 2021 | 85.4 |
| 2022 | 89.4 |
| 2023 | 86.8 |
| 2024 | 85.0 |
Other services: 100.9 in 2008, 99.6 in 2024
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Colorado | |
|---|---|
| 2008 | 100.9 |
| 2009 | 100.5 |
| 2010 | 97.5 |
| 2011 | 100.4 |
| 2012 | 101.4 |
| 2013 | 101.0 |
| 2014 | 100.0 |
| 2015 | 99.8 |
| 2016 | 98.5 |
| 2017 | 98.8 |
| 2018 | 95.3 |
| 2019 | 95.9 |
| 2020 | 97.8 |
| 2021 | 96.7 |
| 2022 | 96.1 |
| 2023 | 96.5 |
| 2024 | 99.6 |
What incomes buy here
BEA divides personal income by local prices, so a dollar in a cheap state counts for more. This is income per resident (wages, benefits, investment income), not household or take-home pay.
After adjusting for prices, income per person in Colorado is $65,223, 8th of 51
Real personal income per person, constant 2017 dollars (adjusted for local price levels and inflation).
- Colorado
- United States
Source: U.S. Bureau of Economic Analysis, real personal income by state (SARPI), 2008–2024.
Show the numbers
| Colorado | United States | |
|---|---|---|
| 2008 | $46,671 | $45,816 |
| 2009 | $44,278 | $44,204 |
| 2010 | $44,904 | $44,808 |
| 2011 | $45,648 | $45,957 |
| 2012 | $46,723 | $46,796 |
| 2013 | $47,745 | $46,358 |
| 2014 | $50,265 | $47,661 |
| 2015 | $51,351 | $49,396 |
| 2016 | $50,937 | $49,828 |
| 2017 | $52,749 | $51,006 |
| 2018 | $56,590 | $52,242 |
| 2019 | $57,869 | $53,683 |
| 2020 | $59,735 | $56,514 |
| 2021 | $64,359 | $59,365 |
| 2022 | $64,668 | $57,104 |
| 2023 | $65,363 | $58,088 |
| 2024 | $65,223 | $59,195 |
Compare Colorado with other states
States with similar prices
- Florida 103.4
- Washington 107.0
- Nevada 100.0
- Utah 98.9
- Virginia 101.1
Sources and limits
- Price levels and real income: U.S. Bureau of Economic Analysis (BEA), Regional Price Parities and real personal income by state, 2008–2024. Last updated February 19, 2026: new statistics for 2024; revised statistics for 2008-2023. Downloaded 2026-10-21.
- Metro price levels: BEA Regional Price Parities by metro area. Typical rent: Data Provided by Zillow Group.
- State figures average cities and rural areas. Taxes are not included. BEA figures lag by about 18 months.