Home Rentals Colorado 7 Of The Most Expensive Cities In Colorado

7 Of The Most Expensive Cities In Colorado

by Josephine Hogan

Are you considering moving to the great state of Colorado? But aren’t sure about where to start looking? There are so many great cities around the state to settle down and call home. And picking the right place for you can be a difficult task, making it nearly impossible to narrow it down to only one amazing city.

No matter your reason for choosing to move to Colorado, we’ve got a great place to start your search for which city is the best for you. Here’s a list of some of the most expensive places to live in Colorado and what you’ll be expecting to make while you’re there.

1) Aspen

Population: 6,788

Median Household Income: $64,594

Median Rent: $1,282

Cost Of Living Index: 140 (where the US is at 100 and Colorado is 110)

Aspen is located in the remote area of the Rocky Mountains’ Sawatch Range and the Elk Mountains, as well as the most populous city of Pitkin County, Colorado. What began as a silver mining town has through the years become a well-known skiing town. The area also has some of the most expensive real estate in the United States. According to Zillow, the median home value in Aspen is $1,930,136.

2) Vail

Population: 5,363

Median Household Income: $73,981

Median Rent: $1,377

Cost Of Living Index: 149 (where the US is at 100 and Colorado is at 110)

Vail is home to the largest ski mountain in Colorado and also where you’ll find Vail Ski Resort. The community is known for their hotels, dining, and several annual city events, such as their Vail Film Festival and Vail Resorts Snow Days. They rely heavily on tourism, predominantly on winter sports, to generate income. The median list price per home in Vail is $2,325,000, according to Zillow.

Vail, Colorado, Village, Tourism, Nature, Usa, Travel

3) Boulder

Population: 105,420

Median Household Income: $64,183

Median Rent: $3,010

Cost Of Living Index: 142 (where the US is at 100 and Colorado is at 110)

While only 25 miles northwest of Denver, Boulder is located at the base of the foothills of the Rocky Mountains with an elevation of 5,430 feet above sea level. Though it’s here that the largest university in the state, University of Colorado, calls home. You’ll also find plenty of things to do outdoors in Boulder that isn’t just schooling. Whether you’re looking for hiking, biking, or just visiting the Rocky Mountain National Park, you’ll find it all. Zillow states that the median list price per home in the city is $800,706.

4) Fort Collins

Population: 157,251

Median Household Income: $53,775

Median Rent: $1,120

Cost Of Living Index: 109 (where the US is at 100 and Colorado is at 110)

In addition to being located in northern Colorado, Fort Collins is also situated on the Cache La Poudre River. Colorado State University as well as Front Range Community College’s Larimer campus call this city home. The college town is also home to several microbreweries, such as New Belgium Brewing Co., Red Truck Beer Company, and Envy Brewing. In Fort Collins, you’ll find the median list price per house is $422,286, according to Zillow.

5) Steamboat Springs

Population: 12,336

Median Household Income: $54,218

Median Rent: $1,182

Cost Of Living Index: 139 (where the US is at 100 and Colorado is at 110)

Due to their amazing ski resorts, Steamboat Ski Resort, and the smaller Howelsen Hill Ski Area, Steamboat Springs is an internationally known winter ski resort destination. According to the Coloradoan, the city is so good at skiing they’ve even sent more athletes to the Winter Olympics than any other place in North America. Here you’ll find the median list price per home is at $600,791.

Steamboat Springs, Colorado, Landscape, Helicopter

6) Edgewater

Population: 5,278

Median Household Income: $50,536

Median Rent: $953

Cost Of Living Index: 109 (where the US is at 100 and Colorado is at 110)

Edgewater is found in Jefferson County, Colorado, as well as sitting immediately west of Denver. While the city is named after the lakefront location along Sloan’s Lake along the eastern portion of Edgewater, you’ll also find on the other side of Sloan’s Lake, the city of Denver. If you like being out on the water, then this is the place to be as you’re only ever a walk away from the lake. Zillow says that the median list price of homes in Edgewater is $449,281.

7) Golden

Population: 20,268

Median Household Income: $61,918

Median Rent: $1,052

Cost Of Living Index: 125 (where the US is at 100 and Colorado is at 110)

Founded during the Pike’s Peak Gold Rush, the city of Golden was originally named “Golden City” and served as the capital of the Territory of Jefferson. While these days, you’ll find the Colorado School of Mines and the National Renewable Energy Laboratory in the city. Filled with great museums, like the Colorado Railroad Museum as well as the Mines Museum of Earth Science, there is always plenty to do. The median list price for houses in Golden is $640,000, says Zillow.

8) Breckenridge

Population: 4,732

Median Household Income: $54,328

Median Rent: $1,285

Cost Of Living Index: 130 (where the US is at 100 and Colorado is at 110)

Located at the base of the Tenmile Range in Summit County, due to Breckenridge Ski Resort, Breckenridge has become a popular town. And during the summer the area is great for outdoor enthusiasts. During the year, the city holds the International Snow Sculpture Championships as well as several other festivals you’ll want to be around to see. Breckenridge has many part-time residents who own vacation homes in the city, while Zillow puts the median list price per home at $999,999.

Breckenridge, Colorado, Town, City, Panorama, Sky

While these cities around Colorado are more expensive to live in as well as harder to find a lower-priced place to live, it’s still worth looking at. There are many great things going on in each of these towns throughout the year that are great reasons for considering these cities. If you’re willing to put in a bit of work and research, then you can find the perfect place for you to live. While you’re here let us know in the comments what your favorite city is in Colorado.

If you’re looking for a new place to live, or are interested in moving to the marvelous state of Colorado, then find your next dream apartment here. Also, if you’re looking for more reasons you should move to Colorado, be sure to check out our post on the reasons you should move to this amazing place.

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