Cost of Living in Loveland, CO

Population 77,350 · Colorado · Data vintage 2023

140
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Loveland cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $453,000, rents near $1,683 a month.

Located 9 miles south of Fort Collins, Loveland falls within that metro's commuting orbit. Median home values run roughly 17% lower than Fort Collins' $548,000.

Cost Overview

Housing 149
Rent 128

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

About the Cost of Living in Loveland

The median home value in Loveland is $453,100 — 49% above the national median of $305,000. Median rent runs $1,683/month, 28% higher than the national median of $1,314/month. The median household income of $82,592/year is 11% higher than the US median of $74,580. The local unemployment rate is 4.9%, 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, Loveland has a cost of living index of 140 versus the US average of 100, meaning it is 40% more expensive.

🏠 Housing

Median Home Value
$453,100
49% above avg
Zillow Home Value
$496,137
Zillow ZHVI
Median Rent
$1,683/mo
28% above avg
Zillow Rent
$1,873/mo
Zillow ZORI
Price-to-Rent Ratio
22.4x
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 61.8%
Renter-occupied 38.2%

💰 Estimated Monthly Budget

Rent median rent
$1,683
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,297/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
27.7 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.7%

Commute Mode

Drove alone
75.5%
Carpooled
5.6%
Public transit
0.3%
Walked
1.1%
Bicycle
0.6%
Work from home
15.7%

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
$82,592
11% above avg
Per Capita Income
$43,915
Unemployment Rate
4.9%
2% above avg
Poverty Rate
7.7%
Labor Force Participation
64.7%

🎓 Education

Bachelor's degree+ 26.1%
Graduate degree 13.1%

👥 Demographics

Median Age 40.8
Male median age 39.1
Female median age 43.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
47.9%
Good air days/yr
156
Max AQI recorded
61
PM2.5 days
304
Ozone days

Frequently Asked Questions

What is the cost of living in Loveland, CO?

Loveland has a cost index of 140 (100 = national average). It is 40% above the national average.

What is average rent in Loveland, CO?

The median gross rent in Loveland is $1,683 per month based on 2023 Census data.

What is the average home price in Loveland?

The median home value in Loveland is $453,100 according to Zillow and Census data.

What is the median income in Loveland?

The median household income in Loveland is $82,592 per year (2023 ACS 5-year estimates).

What is the sales tax in Loveland, CO?

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

Is Loveland, CO affordable?

Loveland is above average in cost of living, with an index of 140 — about 40% higher than the national average.

Loveland at a Glance

Population
77,350
Median Income
$82,592
Home Value
$453,100
Median Rent
$1,683/mo
Unemployment
4.9%
Sales Tax
7.8%
View all cities in Colorado →
🗺️ County data for Colorado

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs