Cost of Living in Broomfield, CO
Population 75,110 · Colorado · Data vintage 2023
(100 = US avg)
Home prices in Broomfield run well above the national baseline, with a median of $632,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $121,025 place the city among the better-paid Colorado metros.
Geographically, Broomfield sits roughly 5 miles north of Westminster. Median home values run roughly 27% higher than Westminster's $497,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Broomfield
The median home value in Broomfield is $631,600 — 107% above the national median of $305,000. Median rent runs $2,074/month, 58% higher than the national median of $1,314/month. The median household income of $121,025/year is 62% higher than the US median of $74,580. The local unemployment rate is 3.3%, below 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, Broomfield has a cost of living index of 187 versus the US average of 100, meaning it is 87% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Broomfield, CO?
Broomfield has a cost index of 187 (100 = national average). It is 87% above the national average.
What is average rent in Broomfield, CO?
The median gross rent in Broomfield is $2,074 per month based on 2023 Census data.
What is the average home price in Broomfield?
The median home value in Broomfield is $631,600 according to Zillow and Census data.
What is the median income in Broomfield?
The median household income in Broomfield is $121,025 per year (2023 ACS 5-year estimates).
What is the sales tax in Broomfield, CO?
The combined state and local sales tax rate in Broomfield is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Broomfield, CO affordable?
Broomfield is above average in cost of living, with an index of 187 — about 87% higher than the national average.
Broomfield at a Glance
- Population
- 75,110
- Median Income
- $121,025
- Home Value
- $631,600
- Median Rent
- $2,074/mo
- Unemployment
- 3.3%
- Sales Tax
- 7.8%
Nearby Cities
Explore county-level cost of living data
Colorado Rankings
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