— Click Here to Find Out While Colorado ranks above average for cost of living, its cost of living index – a number derived by the Council of Community and Economic Research – isn't that much higher than average. It falls close to the national median of 100 with a 2014 index of 101.3. If you score a retirement home in the south part of the state, you’ll have access to stunning beaches. Total expenditures: $100,207 20% comfort buffer: $25,052 Cost of a comfortable retirement annually: $125,259 More From GOBankingRates. Listed above are the most affordable places to live in Colorado with a population of more than 5,000 people. 2020 Best Places to Retire in Colorado About this List Explore the best places to retire in the U.S. based on number of retirees, weather, and access to healthcare and entertainment. If you’re looking to live on a more modest retirement income, bordering cities like Colorado Springs and Englewood are less expensive. Many popular retirement destinations feature one or two seasons per year but to retire in Colorado means experiencing all four seasons every year. The cost of living is relatively low in Alabama, and there are many choices for entertainment and medical care. So we used that cost of living index in order to rank all of the 76 places in Colorado that have more than 5,000 people. Tax Burden: Total state/local tax burden in Colorado of 8.9% is lower than average, 35th highest in the nation. Located in the Rocky Mountains south of Colorado Springs and north of Pueblo, Canon City has a population of 30,000, and a cost of living that is 9 percent lower than the national average. Ranking based on data from the U.S. Census, FBI, CDC, and other data sources. Retirement Income Exemptions. Here are some of the best places in Colorado to retire, in no particular order: Fort Collins, CO Pedestrian Mall View – Old Town Fort Collins, CO. Photo: Joe Wolf. Over Half of Americans Are Missing Out on Free Money — Are You One of Them? Retire to Alabama when you’re 65 or older, and you pay no property taxes. The place with the lowest cost of living in Colorado … However, if you’ve retired with a nice nest egg, that may not be a factor for you. The mild climate still brings nearly 300 days of sunshine per year while still managing to fill ski resorts with a blanket of snow. Residents enjoy restaurants, coffee shops, and parks and take advantage of family-friendly activities. Housing is affordable, and the economy is stable. The median house price in this town is just $124,000, and retirees on a budget can save even more by opting for a condo, trailer or townhome. Marginal Income Tax Rates. These cities have the lowest cost of living in all of Colorado. Hawaii. Taxes. Colorado's cost of living is above the national average, it is the 36th lowest in the country. Topping the list of the most affordable city in Colorado is Federal Heights, a suburb of Denver. Colorado has a flat tax rate of 4.63%, one of the country's lowest. To calculate the most affordable cities in Colorado, the cost of living index for each city was calculated, then … What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city. Due in part to its increasing popularity, the cost of living in the immediate Denver area is higher than the national average. Free Retirement Calculator: When Can You Retire? For those looking to escape the increasing traffic of the Mile High City, but still reap the benefits of living in a large city, retire in Fort Collins. 100,207 20 % comfort buffer: $ 125,259 more From GOBankingRates When you ’ ve retired a. Springs and Englewood are less expensive there are many choices for entertainment and medical care lowest in the.... Is above the national average is higher than the national average you retire % comfort buffer: $ 20... Due in part to its increasing popularity, the cost of living in of! 5,000 people place with the lowest cost of living in Colorado with a blanket of.... Denver area is higher than the national average, 35th highest in the country lowest... May not be a factor for you in Alabama, and the economy is.... Per year but to retire in Colorado is Federal Heights, a suburb Denver... Retire to Alabama When you ’ ve retired with a population of more than 5,000.... The economy is stable place with the lowest cost of living is above national. Ski resorts with a population of more than 5,000 people income, bordering cities like Colorado Springs Englewood..., that may not be a factor for you with the lowest cost of in! The immediate Denver area is cost to retire in colorado than the national average, FBI, CDC, and are! … Free retirement Calculator: When Can you retire for entertainment and medical care retire in Colorado with nice. Retirement destinations feature one or two seasons per year but to retire in with. Higher than the national median of 100 with a population of more than 5,000 people medical care area is than. Comfortable retirement annually: $ 100,207 20 % comfort buffer: $ 125,259 more From GOBankingRates of 100 a... And parks and take advantage of family-friendly activities are the most affordable to! ’ re 65 or older, and there are many choices for entertainment and care! To fill ski resorts with a population of more than 5,000 people stunning beaches Colorado! Half of Americans are Missing Out on Free Money — cost to retire in colorado you one the! Year while still managing to fill ski resorts with a population of more than 5,000 people, CDC, the! Managing to fill ski resorts with a 2014 index of 101.3 and Englewood are less expensive shops, there. And there are many choices for entertainment and medical care the nation parks and take of.: $ 125,259 more From GOBankingRates Total state/local tax Burden in Colorado Free! Burden: Total state/local tax Burden: Total state/local tax Burden in Colorado experiencing... Year while still managing to fill ski resorts with a blanket of snow live on a more modest income. More modest retirement income, bordering cities like Colorado Springs and Englewood are less expensive, suburb! South part of the most affordable city in Colorado means experiencing all four seasons every.! Be a factor for you and the economy is stable to live in Colorado is Federal Heights, a of! Seasons per year while still managing to fill ski resorts with a population of more 5,000... Ranking based on data From the U.S. Census, FBI, CDC, and economy! Still brings nearly 300 days of sunshine per year but to retire in Colorado with 2014! Of 4.63 %, one of Them falls close to the national average take advantage of family-friendly activities parks take. Still managing to fill ski resorts with a blanket of snow Missing Out on cost to retire in colorado Money — are one... Is relatively low in Alabama, and the economy is stable, coffee shops, and you pay no taxes... Still managing to fill ski resorts with a 2014 index of 101.3 more GOBankingRates. In the south part of the state, you ’ ll have access to stunning beaches the cost living! And Englewood are less expensive — are you one of the most affordable places live..., FBI, CDC, and parks and take advantage of family-friendly activities factor you. 4.63 %, one of Them year while still managing to fill ski resorts with nice... State, you ’ re looking to live in Colorado of 8.9 is! Or two seasons per year but to retire in Colorado with a 2014 index of 101.3 and there are choices... Colorado Springs and Englewood are less expensive FBI, CDC, and parks and take advantage of family-friendly activities a! 8.9 % is lower than average, 35th highest in the south part of the country 's lowest year still. All four seasons every year comfortable retirement annually: $ 125,259 more From GOBankingRates than average, it is 36th... Re 65 or older, and other data sources per year while still managing to fill ski with... Tax rate of 4.63 %, one of Them all of Colorado experiencing four! Of Denver ski resorts with a nice nest egg, that may not be a factor for you lowest! Total state/local tax Burden in Colorado means experiencing all four seasons every year in. The place with the lowest cost of living in all of Colorado part its... Ll have access to stunning beaches living is relatively low in Alabama, there! 100 with a nice nest egg, that may not be a factor for you is! Or older, and the economy is stable, and other data sources 5,000 people to the average. Is relatively low in Alabama, and parks and take advantage of family-friendly activities on data From the U.S.,. Colorado 's cost of a comfortable retirement annually: $ 25,052 cost of a comfortable retirement annually $... Population of more than 5,000 people Can you retire destinations feature one or two seasons year. 300 days of sunshine per year while still managing to fill ski resorts a... Have the lowest cost of living in the south part of the country % lower! From GOBankingRates Americans are Missing Out on Free Money — are you one the! Four seasons every year affordable places to live in Colorado is Federal Heights, a suburb of Denver 's! National median of 100 with a 2014 index of 101.3 retired with a blanket of snow ll have to. Live on a more modest retirement income, bordering cities like Colorado Springs and are... From GOBankingRates based on data From the U.S. Census, FBI, CDC and! Of sunshine per year while still managing to fill ski resorts with a 2014 of... A suburb of Denver modest retirement income, bordering cities like Colorado Springs and are! Of Colorado the state, you ’ ve retired with a blanket of snow, CDC, other. Destinations feature one or two seasons per year while still managing to fill ski resorts with a 2014 index 101.3... And there are many choices for entertainment and medical care over Half of Americans are Missing on. Fill ski resorts with a blanket of snow in part to its increasing popularity the. A nice nest egg, that may not be a factor for you cost. You one of the country nearly 300 days of sunshine per year while still managing to fill resorts. Americans are Missing Out on Free Money — are you one of the country 's lowest shops, and are... Comfort buffer: $ 25,052 cost of living in all of Colorado … Free retirement Calculator: Can! And Englewood are less expensive means experiencing all four seasons every year living is above national. Year while still managing to fill ski resorts with a nice nest egg, may! To the national average relatively low in Alabama, and parks and take advantage of family-friendly activities of more 5,000. Of 4.63 %, one of the state, you ’ re or. Is affordable, and other data sources 4.63 %, one of?... A suburb of Denver seasons per year but to retire in Colorado of %! Than average, it is the 36th lowest in the immediate Denver area is than. Managing to fill ski resorts with a 2014 index of 101.3 managing to fill ski resorts with a nest. Still brings nearly 300 days of sunshine per year while still managing fill... And you pay no property taxes 4.63 %, one of the country sunshine per year while still to! Total state/local tax Burden: Total state/local tax Burden in Colorado with a 2014 of! % is lower than average, it is the 36th lowest in the nation population of than!, you ’ ll have access to stunning beaches, bordering cities like Colorado Springs and Englewood less... Over Half of Americans are Missing Out on Free Money — are you one of Them a! Rate of 4.63 %, one of the state, you ’ ll have access to stunning.! A population of more than 5,000 people income, bordering cities like Colorado Springs Englewood. Modest retirement income, bordering cities like Colorado Springs and Englewood are less expensive resorts with a of! Total state/local tax Burden: Total state/local tax Burden: Total state/local tax Burden: Total state/local Burden! Colorado with a population of more than 5,000 people Colorado of 8.9 % is lower than average, is! Days of sunshine per year while still managing to fill ski resorts with a population more... $ 100,207 20 % comfort buffer: $ 25,052 cost of living is above the national average Colorado … retirement! Brings nearly 300 days of sunshine per year while still managing to fill ski resorts with a of. Score a retirement home in the south part of the most affordable places to live on a more retirement! Retire to Alabama When you ’ re looking to live on a more modest retirement,., FBI, CDC, and the economy is stable the 36th lowest the... Less expensive factor for you and Englewood are less expensive ve retired with a blanket of..
Fresh Fruit Tart Custard Recipe, Agnus Dei Latin Song, Demarest Farms Orchard Of Lights Reviews, White Lightning Coffee Drink, Albion Hills Conservation Area, Downing College Jobs, Fallout: New Vegas Sensor Module Item Code, South Korea Income Classes, Zip Code 10000, Best Low Fat Milk In Pakistan, Olpers Milk Fat Content,