Why It’s Frugal to Live in Colorado


This is part of a series here at Ultimate Money Blog. I’m featuring fun money facts about all 50 states in America and why it is frugal to live in that particular state. Here are the states we’ve covered so far:

Colorado is one of my favorite states in the U.S., if not my absolute favorite state. There are so many things that make it wonderful- the scenery, the people, and things to do. Why is it frugal to live in Colorado? Let’s find out.

Nick and Craig on the lift
Creative Commons License photo credit: Ed.ward

-Colorado is know for its beautiful ski resorts.  There are are over 26 different ski resorts in Colorado.  No matter where you live in the state, there’s always skiing or snowboarding fairly close by.  No vacation needed!  For a discounted ski lift tickets, you can purchase a Colorado Pass, which allows you to ski at various ski resorts.

Creative Commons License photo credit: griffhome

-Colorado’s natural beauty is free to enjoy through hiking, driving, and even cross country skiing.  There are so many different areas in Colorado to explore, and a lot of the activities are free!  You can’t beat the camping and hiking in Colorado!

-In Boulder (which is coincidentally my favorite city!), there are many environmentally conscious people.  Many people are into urban homesteading and creating mini farms.

-Real estate in Colorado seems to be a good investment.  Despite the turmoil in the real estate markets over the past few years, the house values in Colorado have decreased at a pretty small amount compared to other states, and prices seem to be on the rebound.

Touring with Canon IXY 30S
Creative Commons License photo credit: 246-You

-If you’re a beer connoisseur, you’ll be pleased to know that Colorado has the highest number of microbreweries per capita out of any state. Cheap beer!

-The weather in Colorado is normally sunny.  They receive over 300 days of sunshine each year.  More sunshine=happier people=less depression.

Creative Commons License photo credit: WhitA

-Colorado is a tourist destination.  If you’re in the hospitality field, this may be a great place for you to get a job (especially in the winter!).

-The current unemployment rate in Colorado is 8.3%, which is less than the US average.

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6 thoughts on “Why It’s Frugal to Live in Colorado

  1. Single Mom Rich Mom says:

    I’ve been to Colorado a few times and even looked into buying property there. My favorite part is the southwest area around Durango / Pagosa Springs. I think Colorado has the perfect weather too – all 4 seasons yet dry climate (and not too cold, although I’m Canadian, so take that for what it’s worth.)


  2. Little House says:

    I love Colorado! I use to visit there quite often as a younger adult and the summer months are gorgeous. I’ve also heard that some cities like Boulder are quite bike friendly. I have a couple of relatives living there now, I think I might just have to go and visit them soon! (One just had a baby, always a great excuse for a visit 😉 )


  3. Sheila says:

    I live in Colorado, and wanted to add that another great thing about Colorado are all the bike trails and parks. We have a 35 acre park about two blocks from our house with running/biking trails, playground equipment and a pond. Another large park is within easy walking or biking distance. They are all over town! You will also see beautiful art in many parks and public spaces. In addition to bike lanes in most streets, there are lots of bike trails. As a family, we frequently take the bike trail from our city to the next, 10 miles away! It’s a beautiful trail that follows a river, and is amazingly well-maintained. These things are typical of Colorado towns – we love our outdoors! It’s not only frugal in the sense that you can have fun inexpensively, but it also keeps you healthier, which also saves money.


  4. Vicki B. says:

    Wow, I loved this article. I live in Colorado and it is very cheap for almost everything here. When my family and I travel it is so much more expensive everywhere we go!


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