Can I Afford to Live in Colorado?
Colorado - Outdoor lifestyle, strong tech economy, and beautiful scenery. See median rent, home values, and the most affordable ZIP codes below.
Find ZIP Codes You Can Afford in Colorado
Enter your salary to see neighborhoods in your budget.
🏠 To Buy in Colorado
With median home value of $530,000, you'd typically need an income of at least $132,500/year and a down payment of $53,000 (10%).
🏘️ To Rent in Colorado
With median rent of $1,600/month, you should earn at least $58K/year (30% rent-to-income rule). This is above the US median of $1,163/mo.
💰 Median Income
Colorado residents earn a median household income of $80,184/year. Rent takes approximately 24% of median income.
Most Affordable ZIP Codes in Colorado
Ranked by lowest median rent, minimum population 3,000+
Top-Rated Neighborhoods in Colorado
Highest ZipScore - best combination of safety, schools, and quality of life
FAQs: Living in Colorado
What salary do I need to live comfortably in Colorado?
To live comfortably in Colorado, you'd want to earn at least $57,600/year to rent at the median price without being cost-burdened (spending more than 30% of income on housing). To buy at the median home price of $530,000, aim for a salary of $132,500+.
Is Colorado expensive to live in?
Colorado has a median rent of $1,600/month, which is above the US national median of $1,163. Cost varies significantly by city and neighborhood - the table above shows the most affordable ZIP codes in Colorado.
What is the most affordable city in Colorado?
The most affordable ZIP codes in Colorado are ranked in the table above by median rent. Smaller cities and suburbs typically offer significantly lower costs than the major metro areas. Click any ZIP code to see its full neighborhood profile.