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Metro cost profile · 2024 BEA RPP

Boulder, CO

Cost-of-living indicators for Boulder, CO, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.

105.2
Overall RPP
#29
of 387 metros
157.0
Rents RPP
$95K
$100K national buys

Boulder ranks #29 of 387 U.S. metros by cost, and its overall price index has fallen 3.3 points since 2008.

  • falling since 2008
  • similar cost to Stockton-Lodi

The verdict

Boulder is more expensive than 93% of U.S. metros, an overall cost index of 105.2, 5.2% above the national average, led by rents at 157.0.

top 7%
by overall cost, nationwide
96.1
goods RPP, tradable items
82.7
services RPP, labor-priced
$98K
local median income, national buying power

A $100,000 national salary carries the purchasing power of about $95,055 here; matching a $100K lifestyle takes roughly $105,202.

What the Numbers Mean for Boulder

Boulder ranks #29 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the upper 25% by overall cost. With an overall Regional Price Parity of 105.2, Boulder, CO is 5.2% pricier than the national baseline of 100. The gap between Boulder's most and least expensive categories - rents at 157.0 versus services at 82.7 - is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $95,055 inside Boulder, while a household needs roughly $105,202 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 157.0 - 57.0% above the national average, so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Boulder's overall index has fallen by 3.3 points, improving relative affordability. For the 2024 data year, goods are indexed at 96.1 and services at 82.7, meaning everyday spending in Boulder is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Boulder vs every U.S. metro

Where this metro sits in the national cost distribution

105 Top 7% higher than 93% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). Below this entry. 88–92: 94 US metros (24%). Below this entry. 92–96: 97 US metros (25%). Below this entry. 96–100: 55 US metros (14%). Below this entry. 100–104: 54 US metros (14%). Below this entry. 104–108: 17 US metros (4%). This entry sits in this band. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

Boulder cost breakdown

BEA RPP by category, 100 = national average

RPP

What this shows Boulder's gap from the national average is led by rents at 157.0. Goods barely move between metros; the spread you feel is housing and services.

Source U.S. Bureau of Economic Analysis, Regional Price Parities As of 2024

Goods vs. housing, where Boulder's cost comes from

Metros near Boulder's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 105, rents 125.1). Boulder is driven more by rent than by everyday goods, unlike its peers. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.

Crosshairs sit at the group median (goods 105, rents 125.1). Boulder is driven more by rent than by everyday goods, unlike its peers. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 95100105110 100120140160 Goods RPP (tradable items) → Rents RPP (housing) → BoulderStocktonAnchoragePortlandMinneapolisBremertonManchester
Crosshairs sit at the group median (goods 105, rents 125.1). Boulder is driven more by rent than by everyday goods, unlike its peers. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.

Price Index Summary

Overall

105.2

+5.2 above avg

Goods

96.1

-3.9 below avg

Services

82.7

-17.3 below avg

Rents

157.0

+57.0 above avg

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$105,202

in Boulder, CO purchasing power

$50,000 nationally
$52,601
$75,000 nationally
$78,902
$125,000 nationally
$131,503
$150,000 nationally
$157,803
$200,000 nationally
$210,404

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 3.3 points over this period. The largest single-year move was in 2024, when the index jumped 4.6 points from the year before, a bigger swing than the full 2008-2024 change.

Boulder overall RPP, 2008-2024

Every year on record, national average = 100

Down 3.3 pts
95100105110 20082024 109 105 ▼ -3.1%
Year Overall
2008 108.5
2009 105.6
2010 104.5
2011 107.1
2012 107.5
2013 105.8
2014 106.3
2015 106.8
2016 105.6
2017 105.3
2018 101.7
2019 105.5
2020 101.7
2021 100.9
2022 99.9
2023 100.6
2024 105.2

What this means for Boulder

How to read Boulder's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay, a $100K national salary spends like about $95,055 in Boulder. Salary calculator
  • Weigh housing heaviest: rents here index at 157.0 (57.0% above average) - the single largest swing in the RPP, while goods barely move between metros.
  • Local median household income is $102,772; adjusted for Boulder's price level that is about $97,690 in national-average buying power.
  • Compare Boulder head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

What is the cost of living in Boulder, CO?
Boulder, CO has a Regional Price Parity (RPP) index of 105.2, meaning it is 5.2% more expensive than the national average. Goods are indexed at 96.1, services at 82.7, and rents at 157.0. It ranks #29 out of 387 U.S. metro areas by overall cost.
What salary do I need in Boulder, CO to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $105,202 in Boulder, CO. Conversely, $100K earned in Boulder, CO has the purchasing power of $95,055 at the national average.
How expensive is rent in Boulder, CO?
Rents in Boulder, CO are indexed at 157.0, which is 57.0% above the national average. This is significantly higher than typical U.S. rents.
Is Boulder, CO getting more expensive?
From 2008 to 2024, Boulder, CO's overall cost index changed by -3.3 points (from 108.5 to 105.2). The cost of living has been declining.
What costs the most in Boulder, CO?
The priciest category in Boulder, CO is rents at 157.0, 57.0% above the national average. The most affordable category is services at 82.7, 17.3% below average.
What metros have a similar cost of living to Boulder, CO?
Metros with the most similar overall cost index include Stockton-Lodi, Anchorage, Portland-Vancouver-Hillsboro. These areas have RPP values within a few points of Boulder, CO's 105.2.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

Federal data behind these figures
  • BEA Regional Price Parities (RPP) - the cost-of-living indices shown on this page. bea.gov/data/regional-price-parities
  • U.S. Census Bureau, American Community Survey (ACS) - the gross-rent observations BEA uses to build the rents component. census.gov/programs-surveys/acs
  • BLS Consumer Price Index (CPI) - the price program underlying BEA's goods and services price relatives. bls.gov/cpi
  • BLS Occupational Employment and Wage Statistics (OEWS) - wage reference for the labor-driven services component. bls.gov/oes
  • HUD Fair Market Rents (FMR) - federal 40th-percentile rent cross-reference for the housing component. huduser.gov/datasets/fmr

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. This page draws directly on BEA Regional Price Parity source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-05-15. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.