Cost of Living in Aspen, CO

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F
55%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
166%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Aspen Colorado National
Cost of living155115100
Groceries103104100
Health care106107100
Housing266136100
Transportation107106100
Utilities110108100
Lifestyle & Entertainment109107100
Household Items106105100
Education & Childcare112111100
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Homes For Sale In Aspen, CO

property for sale

0075 Prospector Rd Unit 8307-9

Aspen, CO
property for sale

415 E Dean

Unit 44a, We
property for sale

1354 Sierra Vista Dr

Aspen, CO
property for sale

39 Boomerang Rd Unit 8311-9

Aspen, CO
See the Newest Homes For Sale In Aspen, CO

Cost Of Living Quick Facts

  • The cost of living in Aspen is 34% higher than the Colorado average
  • The cost of living in Aspen is 55% higher than the national average
  • Aspen housing is 166% higher than the national average
  • Colorado general sales tax is 43% lower than the national average
  • Colorado state income tax is 69% higher than the national average

Most Affordable Places to Live in and Around Aspen

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Compare Aspen, CO Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$139,603$11,634$3,257$4,189
      Renters$97,890$8,158$2,284$2,937
      A good indicator of the general affordability of housing in Aspen, CO, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Aspen, the median monthly income is $139,603 for those who own their own homes. Under the standard rule, that income level would allow for $3,257 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $97,890, per the median income in the area. That would allow for renters to spend up to $2,284 on monthly rental expenses.

      Colorado Sales Tax

      State General Sales Tax With Max Surtax
      Colorado 2.9% 10%

      Colorado Income Tax

      State Income Tax (Low) Income Tax (High)
      Colorado 4.4% 4.4%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Norrie, CO01066.3%
      Woody Creek, CO217973.2%
      El Jebel, CO4,45315958.7%
      Snowmass Village, CO2,87216060.2%
      Basalt, CO4,03618181.4%
      Aspen, CO8,01915554.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Austell, GA8,019990.5%
      Bloomfield, NM8,020928.0%
      Creston, IA8,0218415.5%
      Ripley, TN8,0258514.6%
      Stone Mills, ON8,012n/a 
      Aspen, CO8,01915554.5%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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