Cost of Living in Boulder, Colorado: What You Need to Know in 2025

by Eric Farran

Boulder, Colorado, is one of the most desirable places to live in the United States, known for its vibrant outdoor culture, stunning landscapes, and thriving tech scene. But as with any popular city, the cost of living in Boulder can be relatively high. In this article, we’ll explore the key factors contributing to the cost of living in Boulder, Colorado in 2025, including housing, groceries, transportation, and more.

Overview of Boulder, Colorado

Nestled at the foothills of the Rocky Mountains, Boulder is a city of about 108,000 residents. Known for its progressive culture, top-ranked universities, and eco-conscious attitude, it attracts people looking for a balance between urban living and outdoor adventure. Its proximity to major cities like Denver makes Boulder both a tech hub and an outdoor enthusiast’s paradise.

As demand has grown, so has the cost. Let’s break down the most significant factors contributing to the cost of living in this picturesque city.

Housing Costs in Boulder, Colorado

Home Prices

As of March 2025, the median home price in Boulder is around $1,500,000. This reflects strong demand fueled by the city's desirable location, thriving industries, and top-tier educational institutions.

Nearby cities such as Longmont, Louisville, Lafayette, Erie, Broomfield, and Superior offer more affordable options, with median prices ranging from $600,000 to $900,000. These areas offer a balance between proximity to Boulder and a lower cost of living.

Rent Prices

Renting in Boulder is also costly. On average:

One-bedroom apartment: $2,300/month
Two-bedroom apartment: $3,000 to $3,500/month

Renting may be a more feasible option than buying, but housing overall is a major cost factor.

Cost of Living in Boulder vs. National Average

Boulder's cost of living is approximately 35-40% higher than the national average. Housing is the largest contributor, followed by utilities, healthcare, and groceries.

Groceries and Food Costs

Grocery prices in Boulder are 10-15% higher than in other Colorado cities. Examples include:

Gallon of milk: $3.50 – $4.00
Loaf of bread: $4.00 – $6.00
Dozen eggs: $5.00 – $8.00
Six-pack of local craft beer: $11.00

Organic produce is common, often leading to higher prices.

Dining Out: Expect to pay around $20-30 per person at mid-range restaurants, with many emphasizing local, organic ingredients.

Transportation Costs in Boulder

Though compact and walkable, many residents still own cars.

Gas Prices: $3.50 to $4.00/gallon
Public Transportation: RTD buses charge around $3.00/ride; monthly passes range from $50 to $100.
EcoPass: Provides unlimited rides via employer/school-based programs.

Biking is also popular, thanks to extensive bike lanes and trails.

Utilities and Other Living Expenses

Monthly Utilities (electricity, heating, water, garbage): $150 – $200
Internet: $60 – $100/month

Healthcare is higher than the national average, largely due to higher incomes and top-tier medical access.

Education and Childcare

Boulder is home to University of Colorado Boulder and has a highly ranked public school system.

Daycare: $1,200 to $1,500/month per child
Private Schools: Significantly more expensive than public alternatives

Taxes in Boulder

State Income Tax: 4.55%
Property Taxes: ~0.55% (higher than other parts of Colorado)
Sales Tax: 8.56% combined state and local

Conclusion: Is Boulder Worth the Cost?

Living in Boulder comes with a high price tag, especially for housing. However, many find the cost justified by the city’s:

Unmatched natural beauty
Strong job market
Outdoor-focused lifestyle
Excellent education

If you're planning to move to Boulder in 2025, be financially prepared. But if you can afford it, the lifestyle and environment offer priceless rewards.

Ready to Call Boulder Home?

Let Eric Farran help you find the perfect home in this incredible city. Whether you're buying or selling, we’ll guide you through Boulder’s market with expert advice. Click here to get started today!