Cost of Living in Erie, CO
Population 31,927 · Colorado · Data vintage 2023
(100 = US avg)
Home prices in Erie run well above the national baseline, with a median of $686,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $163,644 place the city among the better-paid Colorado metros.
Geographically, Erie sits roughly 10 miles northwest of Thornton. Median home values run roughly 42% higher than Thornton's $482,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Erie
The median home value in Erie is $685,900 — 125% above the national median of $305,000. Median rent runs $2,775/month, 111% higher than the national median of $1,314/month. The median household income of $163,644/year is 119% higher than the US median of $74,580. The local unemployment rate is 3.6%, 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, Erie has a cost of living index of 219 versus the US average of 100, meaning it is 119% 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Erie, CO?
Erie has a cost index of 219 (100 = national average). It is 119% above the national average.
What is average rent in Erie, CO?
The median gross rent in Erie is $2,775 per month based on 2023 Census data.
What is the average home price in Erie?
The median home value in Erie is $685,900 according to Zillow and Census data.
What is the median income in Erie?
The median household income in Erie is $163,644 per year (2023 ACS 5-year estimates).
What is the sales tax in Erie, CO?
The combined state and local sales tax rate in Erie is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Erie, CO affordable?
Erie is above average in cost of living, with an index of 219 — about 119% higher than the national average.
Erie at a Glance
- Population
- 31,927
- Median Income
- $163,644
- Home Value
- $685,900
- Median Rent
- $2,775/mo
- Unemployment
- 3.6%
- Sales Tax
- 7.8%
Nearby Cities
Explore county-level cost of living data
Colorado Rankings
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