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2024 BEA RPP All 4 categories Federal source

Boulder, CO

Cost-of-living indicators for Boulder, CO, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 14500 · Data year: 2024 · Rank: #29 of 387

Boulder, CO has a cost of living index of 105.2, meaning it's 5.2% more expensive than the national average. Goods cost 3.9% less, services 17.3% less, and rents are 57.0% above average. A $100K national salary has the purchasing power of $95,055 here.

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 top quartile for cost. With an overall Regional Price Parity of 105.2, Boulder, CO is 5.2% more expensive 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 Cost Index at a Glance

Boulder all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg100105.2

Boulder category breakdown

BEA RPP composition by goods, services, rents, overall

Rents157.02Services82.741Goods96.052Overall105.202

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

Price Index vs National Average (100)

Overall
National avg

Index 105.2 (+5.2 vs national avg)

Goods
National avg

Index 96.1 (-3.9 vs national avg)

Services
National avg

Index 82.7 (-17.3 vs national avg)

Rents
National avg

Index 157.0 (+57.0 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Above National Average

Rents +57.0% (157.0)
Overall +5.2% (105.2)

Below National Average

Services -17.3% (82.7)
Goods -3.9% (96.1)

Income Adequacy in Boulder

Boulder income adequacy score

$75,000 median income vs RPP 105.2

0/100100/10096/100

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.

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

Related Data for Boulder

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 most expensive category in Boulder, CO is rents at 157.0, which is 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.

Related

Data sourced from official U.S. government 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.

All federal data sources used on this page