Colorado vs Utah — Cost of Living, Taxes & Income Reality

Data: 2026-Q2 · BLS · HUD · KFF

Quick comparison

Metric Colorado Utah
Cost of Living Index 107 102 ✓
Median Household Income $97,113 ✓ $96,658
Median Rent $2,250/mo $1,900/mo ✓
State Income Tax 4.40% ✓ 4.65%

Tax reality

On a $70,000 salary, you keep about $175 more per year in Colorado. That works out to roughly $15/month in additional take-home.

Housing reality

Colorado

1BR $1,754 – $1,754/mo

Utah

1BR $1,456 – $1,456/mo

Major cities compared

Colorado

Utah

Purchasing power

Your $70,000 in Denver feels like approximately $58,257 in Salt Lake City, once housing and taxes are accounted for.

Who benefits from each

  • Remote workers and high earners who want to keep more of their paycheck lean toward Colorado for its lower tax burden.
  • Anyone prioritizing a lower overall cost of living will find Utah stretches a paycheck further.
  • Workers chasing higher nominal salaries may prefer Colorado, where median household income is higher.
FAQ

Colorado vs Utah — FAQ

Is it cheaper to live in Colorado or Utah?

By cost of living index, Utah is the cheaper of the two (Colorado: 107, Utah: 102; national average = 100). Source: C2ER Cost of Living Index.

Which state has lower income taxes, Colorado or Utah?

Colorado leaves more in your pocket. On a $70,000 salary, you keep about $175 more per year in Colorado. Source: Tax Foundation 2025, IRS 2025.

What is the median income difference between Colorado and Utah?

Colorado has the higher median household income (Colorado: $97,113, Utah: $96,658). Source: Census ACS 2024.

Should I move from Colorado to Utah?

It depends on your priorities. Utah offers a lower cost of living, while Colorado has higher median incomes. Weigh taxes, housing, and career options together. This is a picture, not a verdict.

Explore further

Colorado Income Reality Utah Income Reality Compare Denver vs Salt Lake City →

Income Reality Check is an educational tool, not financial advice. Your situation has more dimensions than any tool can capture.