Cost of Living in Vail, CO

Population 4,729 · Colorado · Data vintage 2023

254
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Vail's housing market reflects its status as a high-earning metro: $1 million for a typical home, 241% above the US median, paired with household incomes around $103,705 that put it in the upper third of the state. Unemployment has stayed elevated relative to the national figure — 7.1% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Vail is about 65 miles west of Boulder, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Boulder's $983,000 median.

Cost Overview

Housing 341
Rent 123

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

About the Cost of Living in Vail

The median home value in Vail is $1,040,100 — 241% above the national median of $305,000. Median rent runs $1,610/month, 23% higher than the national median of $1,314/month. The median household income of $103,705/year is 39% higher than the US median of $74,580. The local unemployment rate is 7.1%, 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, Vail has a cost of living index of 254 versus the US average of 100, meaning it is 154% more expensive.

🏠 Housing

Median Home Value
$1,040,100
241% above avg
Zillow Home Value
$1,734,309
Zillow ZHVI
Median Rent
$1,610/mo
23% above avg
Zillow Rent
$3,733/mo
Zillow ZORI
Price-to-Rent Ratio
53.8x
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 68.7%
Renter-occupied 31.3%

💰 Estimated Monthly Budget

Rent median rent
$1,610
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,224/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
20.4 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.7%

Commute Mode

Drove alone
62.4%
Carpooled
4.1%
Public transit
8.0%
Walked
8.1%
Bicycle
3.4%
Work from home
12.7%

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
$103,705
39% above avg
Per Capita Income
$97,791
Unemployment Rate
7.1%
48% above avg
Poverty Rate
6.6%
Labor Force Participation
71.6%

🎓 Education

Bachelor's degree+ 42.0%
Graduate degree 26.4%

👥 Demographics

Median Age 49.5
Male median age 50.2
Female median age 48.4

Frequently Asked Questions

What is the cost of living in Vail, CO?

Vail has a cost index of 254 (100 = national average). It is 154% above the national average.

What is average rent in Vail, CO?

The median gross rent in Vail is $1,610 per month based on 2023 Census data.

What is the average home price in Vail?

The median home value in Vail is $1,040,100 according to Zillow and Census data.

What is the median income in Vail?

The median household income in Vail is $103,705 per year (2023 ACS 5-year estimates).

What is the sales tax in Vail, CO?

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

Is Vail, CO affordable?

Vail is above average in cost of living, with an index of 254 — about 154% higher than the national average.

Vail at a Glance

Population
4,729
Median Income
$103,705
Home Value
$1,040,100
Median Rent
$1,610/mo
Unemployment
7.1%
Sales Tax
7.8%
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Explore county-level cost of living data

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