Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Nobody expects rock-bottom prices in Colorado — but that doesn't mean all cities are equally expensive. Pueblo (index 94, rent $1,316/mo) carves out real savings within a high-cost market. We analyzed 11 cities to find where your money goes furthest in 2026.
Nobody expects rock-bottom prices in Colorado — but that doesn't mean all cities are equally expensive. Pueblo (index 94, rent $1,316/mo) carves out real savings within a high-cost market. We analyzed 11 cities to find where your money goes furthest in 2026.
The #1 spot goes to Pueblo, and the breakdown explains why. Renters here pay $1,316/month — saving renters $6,948 per year compared to the national average. Meanwhile, Housing is the standout at index 85, making it one of the cheapest in the country for that category. The weak spot? Healthcare at 97. A 29% rent-to-income ratio keeps most households inside the safe zone (and that gap widens if you factor in state taxes).
The food & groceries sub-index is derived from overall cost of living with regional BLS price adjustments. And in practical terms, a score of 108 (the top-10 average here) means food & groceries costs are about -8% below the national median. Pueblo leads at 92, followed by Greeley (100) and Colorado Springs (105). Note: a low food & groceries index doesn't guarantee a low overall cost — check the full cost breakdown table below.
Worth noting: Across Colorado, the average cost of living index is 111 — 1 points below the national median. Known for outdoor lifestyle with a rising price tag, the state offers 11 tracked cities with median rents averaging $1,765/month — worth pausing on — . That's $130 less than the national average of $1,895. At this level, the city practically pays for your move.
If you're ready to act on this, three things to do next: 1) Click into the city pages for the top 3 and check rent trends — direction matters more than the snapshot. And as a general rule, 2) Run your income through the salary calculator for a personalized cost comparison. 3) Compare your top two picks head-to-head on our comparison page. The data is here; the decision is yours.
#1 Ranked: Pueblo — cost index 94, rent $1,316/mo, income $55,305
4 of 11 cities come in below the national cost-of-living average of 112
Data sourced from Census Bureau, Zillow, BLS, and Tax Foundation — current as of 2026
111,077 residents · Colorado
A closer look at Pueblo: the cost index of 94 — which, honestly, is lower than you'd expect here — breaks down to a Housing index of 85 (strongest category) and a Healthcare index of 97 (weakest). Median rent is $1,316/month — 31% below the national median — while household income sits at $55,305, meaning locals spend about 29% of income on rent. That's within the recommended 30% threshold, though it doesn't leave much room. Below the radar, but not for long.
112,609 residents · Colorado
What does daily life actually cost in Greeley? Start with the 25% rent-to-income ratio — tight but manageable for most households. On the category level, Utilities (index 94) is where the real savings show up, while Housing (index 106) is the line item most likely to surprise newcomers. Income at $68,650 — not a number you see very often, by the way — and homes at $418,757 round out a profile that ranks #2 for clear reasons.
488,664 residents · Colorado
Colorado Springs earns its position at #3 through a combination that's hard to replicate. And for many people, the 107 cost index sits 5 points below the national baseline, and the $83,198 median income means purchasing power here is genuinely above average. Homes list at $446,132 — $21,238 below the national median — a genuine ownership opportunity. On the cost side, Utilities leads the way at 98, while Housing trails at 118.
177,563 residents · Colorado
A closer look at Aurora: the cost index of 108 breaks down to a Utilities index of 99 (strongest category) and a Housing index of 120 (weakest). Median rent is $1,689/month — 11% below the national median — while household income sits at $84,320, meaning locals spend about 24% of income on rent. That's a healthy margin by any standard.
114,875 residents · Colorado
What does daily life actually cost in Westminster? Start with the 22% rent-to-income ratio — that's the kind of margin that lets people build savings. And most of the time, on the category level, Utilities (index 103) is where the real savings show up, while Housing (index 131) is the line item most likely to surprise newcomers. Income at $96,145 and homes at $520,025 round out a profile that ranks #5 for clear reasons. Surprising? Maybe. But the data's clear.
| Rank | City | Food & Groceries Index | Cost Index | Median Rent | |
|---|---|---|---|---|---|
| 1 | Pueblo | 92 | 94 | $1,316 | Details |
| 2 | Greeley | 100 | 102 | $1,442 | Details |
| 3 | Colorado Springs | 105 | 107 | $1,667 | Details |
| 4 | Aurora | 106 | 108 | $1,689 | Details |
| 5 | Westminster | 110 | 112 | $1,788 | Details |
| 6 | Denver | 111 | 113 | $1,818 | Details |
| 7 | Lakewood | 111 | 114 | $1,733 | Details |
| 8 | Thornton | 111 | 113 | $1,888 | Details |
| 9 | Fort Collins | 115 | 117 | $1,970 | Details |
| 10 | Arvada | 118 | 121 | $2,053 | Details |
| 11 | Centennial | 120 | 122 | $2,056 | Details |
Cities are ranked by their food & groceries cost sub-index within Colorado. Each sub-index is derived from the overall cost of living with regional adjustment factors. All data is sourced from federal agencies and verified research institutions. Cost of living indices are normalized to 100 (national median) using Zillow rent as the primary signal, with sub-category adjustments derived from regional BLS price data. Rankings are updated monthly as new data is released.
Pueblo ranks #1 in Colorado for this analysis with a cost index of 94 and median income of $55,305.
Pueblo, CO has the lowest food & groceries index at 92, compared to the national average of 100.
Our cost of living index uses real Zillow rent data as the foundation, indexed to 100 (national median). Sub-categories (housing, food, transport, utilities, healthcare) are derived from the overall index with regional adjustments. Data is updated monthly.
Pueblo (ranked #1) has a cost index of 94 and rent of $1,316/mo, while Centennial (ranked #11) has a cost index of 122 and rent of $2,056/mo — a 28-point difference in cost of living.
City data is refreshed monthly from Census Bureau population estimates, Zillow rent and home price indices, BLS salary data, and Tax Foundation tax rates. Last updated: 2026.
The median 1-bedroom rent in Pueblo is $1,316/month as of 2026, based on Zillow's Observed Rent Index. This is $579 below the national median of $1,895/month.
The median home price in Pueblo is $283,780, which is 5.1× the local median income. Most median-income households would stretch to buy at this ratio. The national median home price is $467,370.
Colorado has a 4.4% state income tax rate. Combined state and local sales tax averages 7.81%, and the effective property tax rate is 0.49%.
This ranking was generated using data current as of early 2026. Population and income data comes from the Census Bureau's American Community Survey (5-year estimates). Rent and home price data is from Zillow's monthly releases. Tax rates are from the Tax Foundation's 2025 edition. Rankings are refreshed monthly.