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Colorado Cost of Living (CO)

The cost of living in Colorado (CO) is lower than the nationwide average. The average yearly pay in Colorado is $50,873.00, which is higher than the U.S. average annual salary by $1,065.00. The consumer price index (CPI) of 224 in Colorado is 3.86% lower than the U.S. city average CPI of 233. The sales tax is 2.90%.

The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Colorado annual salary, sales tax rates and the regional consumer price index.


Colorado Consumer Price Index (CPI):
CPI
Colorado
224
U.S. City Average
233
Average Annual Pay:
U.S. Dollars
Colorado
$50,873
U.S. City Average
$49,808
Consumption Categories in Colorado versus National Average:
Category Percentage Versus National Average
Education -5.13%
21.05%
0%
Healthcare -12.05%
49.46%
0%
Groceries -6.15%
25.24%
0%
Rent 7.32%
0%
30.04%
Mortgage 20.41%
0%
83.77%
Electricity -22.15%
90.91%
0%
Gasoline -1.25%
5.13%
0%


Cost of Living by State:


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