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.
-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.
-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.
-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.
-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.