Tired of the hustle and bustle of city life? Dreaming of a serene and affordable place to call home? Look no further, as we unveil the ultimate guide to the 15 cheapest places to live in the magnificent state of Colorado. Picture this: breathtaking landscapes, crisp mountain air, and wallet-friendly living options that won’t leave you penniless.
Whether you’re a nature enthusiast seeking hiking trails galore or a ski aficionado in search of powdery slopes, Colorado has something for everyone. But hold your horses, we’re not talking about just any old Colorado towns; we’ve handpicked the most budget-savvy destinations that won’t drain your bank account faster than you can say “Rocky Mountain High.”
Prepare yourself for a whirlwind journey through the Centennial State’s hidden gems, places where your dollar stretches farther than a yoga pose on a mountaintop, and get ready to discover the 15 cheapest places to live in Colorado in [year].
15 Cheapest Places to Live in Colorado in [year]
Here are the 15 cheapest places to live in Colorado in [year]:
1. Colorado Springs
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Colorado Springs is often touted as one of the more affordable places to live in the state of Colorado. Nestled amidst the stunning backdrop of the Rocky Mountains, this city has gained popularity as a desirable destination for those seeking a more budget-friendly lifestyle.
One of the reasons behind Colorado Springs’ affordability is its lower cost of living compared to other cities in the region. Housing in the area, for instance, is notably more reasonable when compared to neighboring cities like Denver or Boulder. This makes it an attractive option for both renters and prospective homeowners alike.
Moreover, Colorado Springs also offers a plethora of diverse employment opportunities, ranging from the military and defense sector to tourism and hospitality. The presence of numerous employers contributes to a healthy job market, potentially allowing residents to secure employment that can sustain their desired standard of living.
2. Fort Collins
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Fort Collins is often considered one of the more affordable places to live in Colorado. Situated at the foothills of the Rocky Mountains, this city offers a diverse range of attractions and amenities at a reasonable cost.
One of the primary factors contributing to Fort Collins’ affordability is its lower cost of housing compared to other cities in Colorado. Renters and home buyers often find more affordable options in this area, allowing them to stretch their budget further.
In addition to housing costs, Fort Collins also offers a lower overall cost of living when compared to larger cities like Denver or Boulder. Everyday expenses such as groceries, transportation, and healthcare are often more affordable here, making it an attractive option for those looking to save money.
3. Aurora
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Located in the Denver-Aurora-Lakewood metropolitan area, Aurora offers an attractive combination of affordability and opportunities. With a vibrant community and plenty of amenities, it has become an increasingly popular choice for those seeking an affordable place to call home within the state.
Aurora boasts a variety of housing options, including apartments, townhouses, and single-family homes, many of which are more budget-friendly compared to other cities nearby. This means that individuals and families can find a comfortable place to live without straining their finances.
Despite its affordability, Aurora still manages to provide a high quality of life. The city is known for its numerous parks and recreational opportunities, making it an ideal destination for outdoor enthusiasts.
4. Pueblo
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Pueblo, located in Colorado, has gained a reputation as one of the cheapest places to live in Colorado. With its affordable housing options, the cost of living in Pueblo tends to be lower compared to other cities in Colorado.
This makes it an attractive choice for individuals seeking a more budget-friendly lifestyle without compromising on quality. From lower rent prices to more affordable groceries, Pueblo offers residents an opportunity to manage their expenses effectively.
Whether you’re a student, a young professional, or someone simply looking to save money, Pueblo may be worth considering as a cost-effective place to call home.
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5. Grand Junction
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Grand Junction, nestled in the beautiful state of Colorado, is often regarded as one of the cheapest places to live in Colorado. The cost of living in Grand Junction is relatively low compared to other cities in Colorado, making it an appealing choice for budget-conscious individuals.
Housing options are more affordable, and other expenses such as groceries and utilities tend to be more budget-friendly as well.
With its scenic landscapes and lower cost of living, Grand Junction offers residents the opportunity to enjoy an affordable lifestyle without compromising on quality.
6. Lakewood
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Lakewood, a city in Colorado, is known for its affordability, making it a great option for those seeking a less expensive place to live in the state.
With its range of affordable housing options and relatively lower cost of living, Lakewood provides residents with the chance to save money while still enjoying the amenities and benefits of city life.
From affordable apartments to reasonable prices on everyday expenses, Lakewood offers a budget-friendly lifestyle that doesn’t compromise on quality.
7. Longmont
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Longmont, a city in Colorado, is often considered one of the more affordable places to live in the state.
With its lower cost of living compared to other cities in Colorado, Longmont offers residents the opportunity to stretch their budget further.
From affordable housing options to reasonably priced amenities and services, Longmont provides a more budget-friendly lifestyle without sacrificing quality. If you’re looking for a place to live that won’t break the bank, Longmont may be worth considering.
8. Arvada
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Arvada is a city located in Colorado that is often regarded as one of the cheapest places to live in the state. The city, with its affordable cost of living, offers its residents a desirable combination of a suburban lifestyle and easy access to urban amenities.
The city has a variety of housing options, ranging from apartments to single-family homes, all at relatively affordable prices compared to other cities in Colorado.
Residents of Arvada can enjoy a thriving job market, with numerous employment opportunities in various industries, including healthcare, education, and technology. Additionally, the city boasts a strong sense of community and is known for its friendly and welcoming atmosphere.
9. Lamar
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Lamar, a town in Colorado, is often touted as one of the cheapest places to live in Colorado. The cost of living in Lamar is relatively low compared to other cities in Colorado, making it an attractive option for those seeking a more budget-friendly lifestyle.
From affordable housing options to reasonably priced groceries and utilities, Lamar provides residents with the opportunity to manage their expenses effectively.
If you’re looking for an economical place to call home, Lamar could be a great choice.
10. Loveland
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Loveland is a city in Colorado that is often considered one of the most affordable places to live in the state. The city boasts a lower cost of living compared to many other cities in Colorado, making it an attractive destination for those looking for more affordable housing options.
The city offers a wide range of housing choices, from apartments to single-family homes, at relatively reasonable prices. Living in Loveland also grants residents access to various economic opportunities.
The city has a diverse and growing job market, with industries such as manufacturing, healthcare, and education playing a significant role in its economy. This provides residents with ample employment options and the means to support themselves and their families.
11. Westminster
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Westminster is a city in Colorado that is often recognized as one of the cheapest places to live in Colorado. The city offers a range of housing options that are relatively affordable compared to other cities in the Colorado area.
Whether you are seeking an apartment, townhouse, or single-family home, there are options available to accommodate various budgets and lifestyles. The city also provides a range of employment opportunities across various industries. With a diverse and expanding job market, residents have access to a range of positions, making it feasible to support themselves and their families.
For those who enjoy outdoor activities, Westminster offers a multitude of opportunities. The city has numerous parks, green spaces, and recreational areas, allowing residents to enjoy outdoor adventures throughout the year.
12. Trinidad
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Trinidad is often recognized as one of the more affordable places to live in Colorado. The city offers a lower cost of living compared to many other areas in the state, making it an attractive destination for those seeking affordable housing options. Trinidad provides a range of housing choices at relatively reasonable prices.
Whether you are looking for an apartment, a modest home, or a larger property, there are options available to suit different budgets and preferences. Despite its affordability, Trinidad offers a unique and charming lifestyle.
The city is known for its rich history, vibrant cultural scene, and beautiful natural surroundings. Residents can explore historic sites, museums, and art galleries, and enjoy a variety of local events and festivals throughout the year.
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13. Thornton
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Thornton, a vibrant city located just northeast of Denver, offers an attractive combination of affordable housing options and a high quality of life. One of the key factors that make Thornton an affordable place to live is its cost of housing. The city provides a variety of housing options, including apartments, townhomes, and single-family homes, at more reasonable prices compared to other nearby areas in Colorado.
Rent prices and property values in Thornton are generally lower than in nearby cities, making it an appealing choice for those looking to save money. In addition to affordable housing, Thornton offers a range of amenities and services that contribute to its affordability.
The city has a strong job market, with various employment opportunities across different industries. This means residents can find well-paying jobs close to home, reducing commuting costs and overall expenses.
14. Fort Morgan
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Nestled in the heart of Colorado’s agricultural heartland, Fort Morgan stands as a haven of affordability amidst the state’s soaring living costs. With a median home price hovering around $347,000, Fort Morgan offers a welcome respite from the skyrocketing prices that have plagued other parts of Colorado.
Renting is equally attractive in Fort Morgan, with one-bedroom apartments averaging a modest $1,095 per month. This affordability extends beyond housing, encompassing the overall cost of living. Groceries, transportation, and utilities are all significantly lower than in more expensive areas of the state.
Fort Morgan’s appeal isn’t limited to its affordability. The city boasts a vibrant community spirit, with a calendar brimming with local events, festivals, and outdoor activities.
15. Alamosa
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Alamosa is a small city located in the San Luis Valley of southern Colorado and is one of the cheapest places to live in the state.
The median home value in Alamosa is around $164,600, which is significantly lower than the state median of $467,200. Rent is also affordable in Alamosa, with the median one-bedroom rent being around $850 per month.
In addition to its low cost of living, Alamosa is also a beautiful place to live. The city is surrounded by mountains, including the Sangre de Cristo Mountains and the San Juan Mountains, and is home to the Great Sand Dunes National Park. Alamosa is also a great place to enjoy outdoor activities such as hiking, biking, fishing, and skiing.
Frequently Asked Questions
Be rest assured that these places offer diverse employment prospects, from thriving local businesses to potential remote work opportunities.
Despite being pocket-friendly, these towns boast an excellent quality of life. Think close-knit communities, stunning natural landscapes for outdoor recreation, and a slower pace of life that allows for a better work-life balance.
While the availability of public transportation may vary, these towns generally have good road networks and easy access to nearby cities.
Conclusion
If you’re looking for budget-friendly living in the breathtaking state of Colorado, look no further than our carefully curated list of the 15 cheapest places to live in [year]. These towns offer affordable housing, diverse job opportunities, excellent quality of life, and a plethora of recreational activities.
References
- vaned.com– What are the Cheapest Places to Live in Colorado in 2025?
- redfin.com– 10 Most Affordable Places to Live in Colorado