Cost of Living in Louisville, CO

Population 20,788 · Colorado · Data vintage 2023

227
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Louisville's housing market reflects its status as a high-earning metro: $835,000 for a typical home, 174% above the US median, paired with household incomes around $149,159 that put it in the upper third of the state.

Located 7 miles southeast of Boulder, Louisville falls within that metro's commuting orbit. Median home values run roughly 15% lower than Boulder's $983,000.

Cost Overview

Housing 274
Rent 157

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

About the Cost of Living in Louisville

The median home value in Louisville is $835,000 — 174% above the national median of $305,000. Median rent runs $2,069/month, 57% higher than the national median of $1,314/month. The median household income of $149,159/year is 100% higher than the US median of $74,580. The local unemployment rate is 3.4%, 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, Louisville has a cost of living index of 227 versus the US average of 100, meaning it is 127% more expensive.

🏠 Housing

Median Home Value
$835,000
174% above avg
Zillow Home Value
$822,072
Zillow ZHVI
Median Rent
$2,069/mo
57% above avg
Zillow Rent
$2,267/mo
Zillow ZORI
Price-to-Rent Ratio
33.6x
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 70.8%
Renter-occupied 29.1%

💰 Estimated Monthly Budget

Rent median rent
$2,069
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,683/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
25.7 min
5% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
36.4%

Commute Mode

Drove alone
51.3%
Carpooled
5.3%
Public transit
2.5%
Walked
2.2%
Bicycle
1.8%
Work from home
36.4%

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
$149,159
100% above avg
Per Capita Income
$69,015
Unemployment Rate
3.4%
29% below avg
Poverty Rate
4.9%
Labor Force Participation
69.5%

🎓 Education

Bachelor's degree+ 33.8%
Graduate degree 34.3%

👥 Demographics

Median Age 41.8
Male median age 40.4
Female median age 43.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 50 — Good
52.6%
Good air days/yr
181
Max AQI recorded
93
PM2.5 days
272
Ozone days

Frequently Asked Questions

What is the cost of living in Louisville, CO?

Louisville has a cost index of 227 (100 = national average). It is 127% above the national average.

What is average rent in Louisville, CO?

The median gross rent in Louisville is $2,069 per month based on 2023 Census data.

What is the average home price in Louisville?

The median home value in Louisville is $835,000 according to Zillow and Census data.

What is the median income in Louisville?

The median household income in Louisville is $149,159 per year (2023 ACS 5-year estimates).

What is the sales tax in Louisville, CO?

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

Is Louisville, CO affordable?

Louisville is above average in cost of living, with an index of 227 — about 127% higher than the national average.

Louisville at a Glance

Population
20,788
Median Income
$149,159
Home Value
$835,000
Median Rent
$2,069/mo
Unemployment
3.4%
Sales Tax
7.8%
View all cities in Colorado →
🗺️ County data for Colorado

Explore county-level cost of living data

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