Cost of Living in Avon, CO

Population 6,057 · Colorado · Data vintage 2023

200
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Avon's housing market reflects its status as a high-earning metro: $689,000 for a typical home, 126% above the US median, paired with household incomes around $85,364 that put it in the upper third of the state. At 6.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 70 miles west of Boulder, Avon is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 30% lower than Boulder's $983,000.

Cost Overview

Housing 226
Rent 162

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Avon

The median home value in Avon is $689,000 — 126% above the national median of $305,000. Median rent runs $2,132/month, 62% higher than the national median of $1,314/month. The median household income of $85,364/year is 14% higher than the US median of $74,580. The local unemployment rate is 6.3%, above the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. Overall, Avon has a cost of living index of 200 versus the US average of 100, meaning it is 100% more expensive.

🏠 Housing

Median Home Value
$689,000
126% above avg
Zillow Home Value
$203,184
Zillow ZHVI
Median Rent
$2,132/mo
62% above avg
Price-to-Rent Ratio
26.9x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$884
1 BR
$960
2 BR
$1,251
3 BR
$1,611
4 BR
$2,004
Owner-occupied 46.0%
Renter-occupied 54.0%

💰 Estimated Monthly Budget

Rent median rent
$2,132
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,746/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
20.2 min
25% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.3%

Commute Mode

Drove alone
69.8%
Carpooled
10.8%
Public transit
9.9%
Walked
2.6%
Bicycle
1.0%
Work from home
4.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.4%
Total Sales Tax 7.8%
State rate 2.9%
Avg local rate 4.9%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$85,364
14% above avg
Per Capita Income
$71,385
Unemployment Rate
6.3%
31% above avg
Poverty Rate
12.1%
Labor Force Participation
88.1%

🎓 Education

Bachelor's degree+ 30.8%
Graduate degree 10.6%

👥 Demographics

Median Age 35.3
Male median age 38
Female median age 34.5

Frequently Asked Questions

What is the cost of living in Avon, CO?

Avon has a cost index of 200 (100 = national average). It is 100% above the national average.

What is average rent in Avon, CO?

The median gross rent in Avon is $2,132 per month based on 2023 Census data.

What is the average home price in Avon?

The median home value in Avon is $689,000 according to Zillow and Census data.

What is the median income in Avon?

The median household income in Avon is $85,364 per year (2023 ACS 5-year estimates).

What is the sales tax in Avon, CO?

The combined state and local sales tax rate in Avon is 7.8%. The Colorado state income tax top rate is 4.4%.

Is Avon, CO affordable?

Avon is above average in cost of living, with an index of 200 — about 100% higher than the national average.

Avon at a Glance

Population
6,057
Median Income
$85,364
Home Value
$689,000
Median Rent
$2,132/mo
Unemployment
6.3%
Sales Tax
7.8%
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