Costs of Moving to Colorado
We know that one of the first things that might come to mind when thinking about moving is how expensive it will be to do such. Generally, this often varies depending on the size of your move and on the distance between the departure and destination points.
To give you a better idea of what you can expect, below you can find a list of estimates for a full-service move to Denver, Colorado from various cities across the United States below.
|New York City, NY||$4,158 – $5,848||$5,848 – $7,528||$9,083 – $12,314|
|Los Angeles, CA||$3,406 – $4,732||$4,732 – $6,071||$7,321 – $9,912|
|Detroit, MI||$3,693 – $5,157||$5,157 – $6,624||$7,987 – $10,818|
|Austin, TX||$3,335 – $4,626||$4,626 – $5,931||$7,150 – $9,677|
|Chicago, IL||$3,504 – $4,877||$4,877 – $6,260||$7,548 – $10,221|
Please keep in mind that the rates shown above are just estimates and will vary depending on your actual point of departure and service rates of the company.
Do keep in mind that to know exactly how much your move will cost you will need to request quotes. By filling out the form below, you will be able to receive up to 5 free moving quotes, which will ultimately help you save money on your move to Colorado!
How to Move to Colorado: Checklist
Trying to remember everything that needs to get done before and after a move is certainly no easy task. And although we believe you’re more than capable of doing such, we’d still like to offer you a helping hand in case you need it. We recommend that you check out our national moving checklist, or that you at least make note of the following most important points:
- Calculate the volume of your move and request moving quotes at least 8 weeks before your move
- Collect all important documents (birth certificates, passports, drivers license, pet documents)
- Notify others about your move on time (e.g.: postal services, doctors)
- Cancel/transfer your utilities on time
- Start packing and remember to label as you go –trust us on that one, you’ll thank us later!
- Do a final walkthrough on the moving day to ensure all your belongings have been loaded into the truck
Living in Colorado: How Much Does It Cost?
Before performing the big move, it’s important that you evaluate what are the estimated living costs in Colorado. Compared to the national average, living in Colorado is approximately 21% more expensive. But don’t let this discourage you! Remember that your living costs will largely depend on your lifestyle as well as on the city you decide to move to. We’ve broken down the most common living costs in this section so you can get a rough idea of what to expect when moving to Colorado.
Housing Costs in Colorado
If you’re looking into renting an apartment or house, it’s very likely that housing will represent the biggest part of your living expenses. If, on the other hand, you’re interested in purchasing a home, it’s important that you’re aware that Colorado is one of the top 10 housing markets in the country –so real estate prices can be a little steep. To illustrate this, below you can find some estimates of possible rent and home prices for different properties in different cities in Colorado.
|City||Median Home Value||Average Rent|
Please keep in mind that the prices reflected above are just estimates. The rent can vary depending on location and characteristics of the property.
Taxes in Colorado
When it comes to everyone’s favorite topic, taxes, Colorado is actually quite a tax-friendly state. Regarding the state’s tax rates, you can expect the following:
- A property tax of around 0.55%, which makes Colorado the fourth state with the lowest property tax rate in the country.
- An overall sales tax of 2.9% in the state itself, but which can vary per city.
- An income tax assessed at a flat rate of 4.63%, which entails that everyone in the state pays the same rate regardless of their income level.
For further information about taxes, we recommend that you check out the publishings of Colorado’s Department of Revenue.
Food and Groceries
Although eating out is a tempting fix for all of us, and I’m sure Colorado is full of restaurants you’d love to try, you probably will need to purchase groceries at one point or another. To help you get an idea of what you can expect, so you can start budgeting already, we’ve compiled a list of common grocery items and menu deals and their respective costs below.
|Grocery Item||Average Price|
|1 lb. of chicken||$3.33|
|1 qt. of milk||$0.75|
|A carton of 12 large eggs||$2.50|
|2 lb. of tomatoes||$3.80|
|2 lb. of potatoes||$1.24|
|16 oz. of local cheese||$5.71|
|1 bottle of red wine||$18|
|Lunch menu (per person)||$14 – $18|
|Dinner menu (for two)||$37|
When it comes to public transport, Colorado is well equipped with both rail and bus systems. Both of these systems allow you to either travel around your city of residence or between cities in the state. For these services, you can expect the following prices:
|Local (2 fare zones)|
- $3 for a 3-hour pass
- $6 for a day pass
- $30 for a 6-ride ticket
- $28 for a 10-ride ticket
- $114 for a monthly pass
|Regional (3 fare zones)|
- $5.25 for a 3-hour pass
- $10.50 for a day pass
- $50.50 for a 10-ride ticket
- $200 for a monthly pass
- $10.50 for a single ticket
If you’re planning on bringing your vehicle with you, keep mind that the average shipping costs of such can range between $500 and $1,500. You can expect gas prices in Colorado to be around $2.23 per gallon.
If there’s one thing you can do in Colorado is explore its beautiful nature. Colorado is home to a large amount of national parks, canyons and mountains –and luckily exploring these is something you can do for free. However, having fun in Colorado isn’t just limited to admiring landscapes. In the table below you can find a summary of different entertainment activities common in Colorado along with their respective prices.
|Ticket to the world’s largest hot springs pool||$29.25 – $31.75|
|Ticket to Denver’s Art Museum||$10|
|Season pass to Vail’s Ski Resort (4 days)||$404|
|Two tickets to the movies||$22|
|Two tickets to the theater||$81|
|A beer in a local pub||$5.28|
|Monthly gym membership||$51|
How to Become a Resident in Colorado
Among the many things you need to know before moving to Colorado, how to become a resident definitely ranks amongst one of the most important ones. In order to become a resident, the following requirements apply:
Own or operate a business in Colorado
Are gainfully employed in Colorado
Or reside in Colorado for 90 consecutive days
After becoming a resident, you must transfer your driver license within 30 days and register your vehicle in the county you’ll be living in within 90 days. For more detailed information about these requirements, we recommend that you check out the following website.
Moving to Colorado for Work
Unless you’re moving to Colorado with a job already, it’s very likely you’ll need to find one as soon as you arrive to the state. As we mentioned before, the average living costs in Colorado are 21% higher than the national average, but good news is that the average income in the state compensates this! Households in Colorado have a median annual income of around $71,953, which is around $10,000 more than the median annual income across the United States.
When it comes to the most successful sectors in Colorado, we can find the following:
- Advanced manufacturing
- Creative industries
- Defense and Homeland security
- Energy and natural resources
- Financial services
- Food and agriculture
- Technology and information
We know that finding a job can be complicated, so we recommend checking out the following platforms when scouting for a job in Colorado as their listings tend to be quite extensive:
Did You Know…?
- Colorado’s southwest corner borders Arizona, New Mexico and Utah –if you stand in that precise corner, you can technically be in four states at the same time.
- It’s illegal to throw a snowball at a person or building in Aspen.
- Colorado Springs is has more than 300 days of sunshine a year, making it one of the sunniest places in the country.
- The Stanley Hotel located in Estes Park was the inspiration behind Stephen King’s horror novel The Shining.
We hope that you found exactly what you were looking for in this article and feel fully prepared to start a new adventure Colorado. In case you’re in need of some extra help, we recommend checking out the articles we have linked below for you. Good luck! ☘