Colorado Rated One of the Worst States for Shopping

While people love to go shopping almost everywhere, in America, it feels like it’s uniquely baked into our culture. 

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Here in Colorado, there’s some great places to go shopping. 

For example, we have what has been rated in the past as one of the best malls in the country; FlatIron Crossing, out in Denver.

However, not everything has been exactly perfect in terms of shopping experiences out here in Colorado. 

If you haven’t noticed by now, there constantly seems to be store closures going on all the time. Whether they’re big-box or mom and pop shops, it really feels like nowhere is safe at the moment. 

It’s backed up by studies, too. Recently, Colorado ranked as the 10th worst state for store closures.

Maybe it’s because we are having the best shopping experience at the checkout line.

Colorado One of the Top 20 Worst States for Shopping

Accounting Today wanted to take a look to find which states were the worst for shopping in terms of the rate of sales taxes. 

They looked at the state tax rate, average local tax rate, and maximum local tax rate to come up with one combined rate that they would rank each state on.

As it would turn out, Colorado is the 16th worst state to shop in by this metric. 

We have a state tax rate of 2.900%, an average local tax rate of 4.907%, and a maximum local tax rate of 8.300%.

This gives us a combined rate of 7.807%. 

What is the Worst State to Shop In?

In terms of the state that is the worst to shop in according to Accounting Today’s study, the answer is pretty obvious; Louisiana. 

While it has a lower maximum tax rate of 7.000%, its state tax rate of 4.450% is way higher than Colorado’s. 

It means it has a final score of 9.563%, which is way higher than Colorado’s mark for sure.