Cost of Living in Glenwood Springs, CO

Population 10,171 · Colorado · Data vintage 2023

169
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Glenwood Springs's housing market reflects its status as a high-earning metro: $592,000 for a typical home, 94% above the US median, paired with household incomes around $87,000 that put it in the upper third of the state.

Located 115 miles west of Boulder, Glenwood Springs is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 40% lower than Boulder's $983,000.

Cost Overview

Housing 194
Rent 131

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

About the Cost of Living in Glenwood Springs

The median home value in Glenwood Springs is $592,000 — 94% above the national median of $305,000. Median rent runs $1,717/month, 31% higher than the national median of $1,314/month. The median household income of $87,000/year is 17% 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, Glenwood Springs has a cost of living index of 169 versus the US average of 100, meaning it is 69% more expensive.

🏠 Housing

Median Home Value
$592,000
94% above avg
Zillow Home Value
$854,542
Zillow ZHVI
Median Rent
$1,717/mo
31% above avg
Zillow Rent
$2,500/mo
Zillow ZORI
Price-to-Rent Ratio
28.7x
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 52.5%
Renter-occupied 47.5%

💰 Estimated Monthly Budget

Rent median rent
$1,717
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,331/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
30.5 min
13% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.8%

Commute Mode

Drove alone
67.7%
Carpooled
12.6%
Public transit
2.2%
Walked
5.3%
Bicycle
4.4%
Work from home
7.8%

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
$87,000
17% above avg
Per Capita Income
$41,983
Unemployment Rate
3.6%
24% below avg
Poverty Rate
8.9%
Labor Force Participation
78.0%

🎓 Education

Bachelor's degree+ 19.9%
Graduate degree 18.2%

👥 Demographics

Median Age 35.7
Male median age 35.5
Female median age 36.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 54 — Moderate
45.5%
Good air days/yr
126
Max AQI recorded
5
PM2.5 days
360
Ozone days

Frequently Asked Questions

What is the cost of living in Glenwood Springs, CO?

Glenwood Springs has a cost index of 169 (100 = national average). It is 69% above the national average.

What is average rent in Glenwood Springs, CO?

The median gross rent in Glenwood Springs is $1,717 per month based on 2023 Census data.

What is the average home price in Glenwood Springs?

The median home value in Glenwood Springs is $592,000 according to Zillow and Census data.

What is the median income in Glenwood Springs?

The median household income in Glenwood Springs is $87,000 per year (2023 ACS 5-year estimates).

What is the sales tax in Glenwood Springs, CO?

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

Is Glenwood Springs, CO affordable?

Glenwood Springs is above average in cost of living, with an index of 169 — about 69% higher than the national average.

Glenwood Springs at a Glance

Population
10,171
Median Income
$87,000
Home Value
$592,000
Median Rent
$1,717/mo
Unemployment
3.6%
Sales Tax
7.8%
View all cities in Colorado →
🗺️ County data for Colorado

Explore county-level cost of living data

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