Living Cost Compare

Colorado vs Minnesota

Side-by-side cost of living comparison.

State Taxes

Sales Tax
2.9%
6.875%
+4.0 pp in Minnesota
Income Tax (top rate)
4.40%
9.85%
+5.4 pp in Minnesota

Housing (median across tracked cities)

Median 1BR Rent
$1,305
$1,192
+9% in Colorado
Median Home Value
$586,700
$345,600
+41% in Colorado

Income (median across tracked cities)

Median Household Income
$85,364
$80,269
+6% in Colorado

Climate (median across tracked cities)

Avg Annual Temperature
50.2°F
47.4°F
+2.8°F in Colorado

Housing, income, and climate are medians across the 3/1 cities we track in Colorado/Minnesota — 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.