Cost of Living in Boulder Colorado【In 2023】 – DATAROMA

The Average cost of living in Boulder Colorado is $7500

cost of living boulder colorado

We use a US average of 100 to calculate our cost of living indexes. Anything below 100 indicates Boulder Colorado is more affordable than the US average. Whereas Boulder Colorado is more expensive than the US average because the cost of living index is above 100.

Cost of Living in Boulder 2022

COST OF LIVINGBoulderColoradoUSA
  Overall167.4121.1100
  Grocery106.5100.7100
  Health94.295.8100
  Housing319.4166.1100
  Median Home Cost$941,000$488,600$291,700
  Utilities92.598.4100
  Transportation95.2106.7100
  Miscellaneous108.1100.2100
While California might be considered an expensive state, Boulder in Colorado is even more expensive with its 13.5% higher rent prices, 21.6% higher restaurant prices and 6.75% higher grocery prices.
The rent of a 1 bedroom apartment is around $1700, not including the utilities which are an additional $124. This cost is has to be covered in your basic monthly salary which on average is around $4500.

Cost of living in Boulder Detailed

Utilities (Monthly)
PRICESRANGE
Basic (Electricity, Heating, Cooling, Water, Garbage)124.11 $80.00200.00
Local Prepaid Mobile Tariff0.05 $
Internet56.00 $45.0089.00
Clothing And Shoes
Pair of Jeans47.14 $40.0060.00
Summer Dress42.17 $30.0063.00
Pair of Nike Running Shoes92.86 $70.00120.00
Pair of Men’s Leather Shoes125.83 $90.00160.00
Rent Per Month
Apartment (1 bedroom) in center of the city1,690.00 $1,500.002,000.00
Apartment (1 bedroom) Outside of the city1,456.38 $1,200.001,700.00
Apartment (3 bedrooms) in center of the city3,214.29 $2,500.003,800.00
Apartment (3 bedrooms) Outside of the city2,542.86 $2,000.003,200.00
Buy Apartment Price
Price / Square Meter in city12,126.95 $7,751.2019,091.76
Price / Square Meter Outside4,438.42 $4,344.654,542.37
Salaries And Financing
Average Monthly Salary4,520.94 $
Mortgage Interest Rate (%), Yearly,  Fixed-Rate4.473.505.00

Overview of living in Boulder:

In general terms of the total cost of living, Boulder is a decent costing city to reside in. If rent and utilities are compared to the average monthly salary, it is not a bad ratio. But if compared to other major US cities, the price of monthly living in Boulder is slightly higher.