Median one-bedroom rent across the cities we track is $1,305 in Colorado versus $752 in Michigan. Overall, Michigan runs roughly 42% cheaper on rent than Colorado, its main day-to-day cost driver.
Median household income across tracked cities is $85,364 in Colorado and $39,575 in Michigan — about 54% higher in Colorado. Colorado has a top state income tax rate of 4.40% and a 2.9% state sales tax; Michigan has a top state income tax rate of 4.25% and a 6% state sales tax.
State Taxes
Sales Tax
2.9%
6%
+3.1 pp in Michigan
Income Tax (top rate)
4.40%
4.25%
+0.2 pp in Colorado
Housing (median across tracked cities)
Median 1BR Rent
$1,305
$752
+42% in Colorado
Median Home Value
$586,700
$76,800
+87% in Colorado
Income (median across tracked cities)
Median Household Income
$85,364
$39,575
+54% in Colorado
Climate (median across tracked cities)
Avg Annual Temperature
50.2°F
50.3°F
+0.1°F in Michigan
Colorado vs Michigan — FAQ
- Is it cheaper to live in Colorado or Michigan?
- Michigan is cheaper on rent — its median one-bedroom of $752 runs about 42% below Colorado's $1,305, based on the cities we track in each state.
- How much more do you need to earn to live in Colorado than in Michigan?
- To keep rent near the recommended 30% of gross income, based on median rent across tracked cities, you'd want to earn roughly $52,000 a year in Colorado versus $30,000 in Michigan.
- Which has lower taxes, Colorado or Michigan?
- Colorado has a top state income tax rate of 4.40% and a 2.9% state sales tax. Michigan has a top state income tax rate of 4.25% and a 6% state sales tax.
Housing, income, and climate are medians across the 3/1 cities we track in Colorado/Michigan — not population-weighted statewide figures. Taxes are exact state-level rates. Sources: US Census Bureau, ACS 5-Year; NOAA Climate Normals 1981–2010; Tax Foundation 2026.