Cost of Living in Boulder, CO

How far does a $70,000 salary go in Boulder? Estimated income taxes on that gross salary total approximately $9,679 per year — combining federal taxes with Colorado's state income tax. Subtract rent for a 2-bedroom apartment ($2,124/month based on HUD Fair Market Rents for the Boulder metro area) and the estimated annual take-home is $34,833, or roughly $2,903 per month for everything else: food, transportation, savings, and discretionary spending.

The Boulder metro has a cost of living index of 148.6 according to the Bureau of Economic Analysis Regional Price Parities (national average = 100). At 49% above average, Boulder is a noticeably expensive metro — groceries, services, and everyday purchases cost more than in most of the country.

At a $70,000 salary, the estimated 2-bedroom rent in Boulder represents approximately 36% of gross income. That exceeds the conventional 30% guideline, meaning housing takes a significant share of the budget at this income level.