Coloradans Pay Some of the Highest Monthly Bills in the Country

While living in Colorado has numerous perks, there has been one drawback that has been rearing its ugly head recently; the cost.

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Yes, Colorado is awesome, but it is quickly becoming a place where the prices for many things are getting way too expensive.

On average, people are having to pay truly ludicrous amounts of money for things like rent. 

Typically, Colodarans have to pay $1,594 in rent per month, which means we have the fifth highest monthly average rent in the country. 

Not to mention, with the housing market becoming more inaccessible by the day, there’s no wonder many Coloradans are struggling.

However, getting a place to stay is half the battle. Afterwards, you have to pay monthly household bills.

As it would turn out, we rank quite highly for that as well.

Colorado Has the 9th Highest Monthly Bills in the U.S.

Once all the paperwork is signed and you’re officially renting or a proud homeowner, it’s now time to pay even more in bills each month. 

The financial assistance site doxo decided they wanted to see where each state stood in terms of the amount of monthly household bills they had to pay.

In Colorado, the average monthly household bill is $2,553 per month. This means that Coloradans spend, on average, $30,637 per year on household bills. 

If you think that sounds pretty expensive, you’re not wrong. 

In fact, that means we spend the 9th most of any state on monthly household bills. We’re a full 20% over the national average.

Which Colorado Cities Pay the Most and Least in Household Bills?

In terms of the city that pays the most in household bills, one takes the cake as the most expensive; Avon.

In total, they spend on average $3,339 on monthly bills, which is a full 57% higher than the national average. 

The average income of Avon is $97,054, which means the percentage of income that goes towards household bills is 41%.

On the other hand, the town that spends the least on household bills is Sterling, which sits at $1,957. That’s 8% lower than the national average.

However, since the average income in Sterling is $52,827, that means they actually spend more of their income on housing than Avon, with 44% of their income being used on household bills.