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

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

    KatherineBy KatherineJuly 20, 2023Updated:July 18, 2024No Comments2 Mins Read
    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 LIVING Boulder Colorado USA
      Overall 167.4 121.1 100
      Grocery 106.5 100.7 100
      Health 94.2 95.8 100
      Housing 319.4 166.1 100
      Median Home Cost $941,000 $488,600 $291,700
      Utilities 92.5 98.4 100
      Transportation 95.2 106.7 100
      Miscellaneous 108.1 100.2 100
    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 sccbuzz.in 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)
    PRICES RANGE
    Basic (Electricity, Heating, Cooling, Water, Garbage) 124.11 $ 80.00–200.00
    Local Prepaid Mobile Tariff 0.05 $
    Internet 56.00 $ 45.00–89.00
    Clothing And Shoes
    Pair of Jeans 47.14 $ 40.00–60.00
    Summer Dress 42.17 $ 30.00–63.00
    Pair of Nike Running Shoes 92.86 $ 70.00–120.00
    Pair of Men’s Leather Shoes 125.83 $ 90.00–160.00
    Rent Per Month
    Apartment (1 bedroom) in center of the city 1,690.00 $ 1,500.00–2,000.00
    Apartment (1 bedroom) Outside of the city 1,456.38 $ 1,200.00–1,700.00
    Apartment (3 bedrooms) in center of the city 3,214.29 $ 2,500.00–3,800.00
    Apartment (3 bedrooms) Outside of the city 2,542.86 $ 2,000.00–3,200.00
    Buy Apartment Price
    Price / Square Meter in city 12,126.95 $ 7,751.20–19,091.76
    Price / Square Meter Outside 4,438.42 $ 4,344.65–4,542.37
    Salaries And Financing
    Average Monthly Salary 4,520.94 $
    Mortgage Interest Rate (%), Yearly,  Fixed-Rate 4.47 3.50–5.00

    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.

    Katherine
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