Colorado
Wage: $67,870 ($32.63/hr)
Home Price: $526,489
Rent: $1,863/mo
Overview
Overview of Colorado
Colorado homes are priced above average at $526,489, and a dollar buys you a bit more than average ($98.10 value). Colorado has an unusually high property crime rate of 31.48 incidents per 1,000 people.
Curious what your salary would look like after taxes in Colorado? Try our free tax calculators.
Compared to the national average, Colorado the difference in median home prices is 51.37% – positive being higher than the national average, negative being lower. The difference in the value of $100 is -5.04% – positive meaning you can buy more with $100, negative meaning less.
Average rent disparity compared to the national average is 16.54% and property crime is 66.42%.
Counties
El Paso, Denver, Arapahoe
Zip Codes
80202, 80111, 80903
Popular Metro Area
Denver-Aurora
Most Populated City
Denver
Median Home Price
$526,489
Value of $100
$98.1
Average Monthly Rent
$1,863
Property Crime Per 1000
31.48
Cost of Living
Cost of Living in Colorado
The average monthly cost of living expenses in Colorado including: energy, internet, phone bills and miscellaneous expenses.
Total Utilities Cost Per Month
$372
Energy Bill
$91.96
Monthly Water Bill
$39
Monthly Internet
$30
Natural Gas (Utilities)
$47
Monthly Phone Bill
$114
Streaming Services
$50.00
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Crime
Crime in Colorado
Typical crime rates in Colorado including: Crime Rate Per 100k Residents, Violent Crime Per 100k Residents, and Non-Violent Crime Per 100k Residents.
Population
5,773,714
Crime Rate Per 100k Residents
6090.76
Violent Crime Per 100k Residents
423.06
Non-Violent Crime Per 100k Residents
5667.698
Jobs
Jobs in Colorado
Key job metrics including: Unemployment Rate, Average Wage, and Labor Force Participation.
Job Growth Rate (%)
2.21
Unemployment Rate (%)
3.53
Job Openings Level
183,000
Annual Average Wage
$67,870
Hourly Average Wage
$32.63
Labor Force Participation (%)
67.9
Taxes
Taxes in Colorado
Tax rates including: state, local, and combined sales tax rate.
State Sales Tax
3%
Average Local Sales Tax
5%
Combined Sales Tax Rate
8%
Our cost of living database is in beta. Found an error? Let us know →
References
We use original research, government sources, and trusted private organizations such as the U.S. Census Bureau, American Community Survey, Zillow, RentCafe, Tax Foundation, Forbes Advisor, Forbes Home, NCSL, U.S. Bureau of Labor Statistics, and the Federal Bureau of Investigation.
