Arvada, CO

Very High · 152

Colorado · Population 122,835 · Updated March 2026

$1,802
Median Rent / Month
$113,396
Median Income
$600,800
Median Home Value
$1,948
Owner Costs / Month

Affordability

How far your income goes in Arvada

19.1%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Colorado

State-level tax rates that affect your costs

4.4%
Income Tax (Top Rate)
2.9%
Sales Tax
0.51%
Property Tax Rate

Estimated Annual Costs

$21,624
Annual Rent
$4,989
State Income Tax
$3,064
Property Tax (est.)

Cost of Living Overview

Arvada has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 152 (where 100 equals the national median), Arvada residents can expect to pay median rent of $1,802/month while earning a median household income of $113,396/year.

The median home value in Arvada, CO is $600,800, with typical monthly owner costs around $1,948 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Colorado has a moderate income tax rate of 4.4%. Combined with a 2.9% sales tax rate and 0.51% effective property tax rate, the overall tax environment is a factor in the total cost of living in Arvada.

Frequently Asked Questions

Common questions about living costs in Arvada

What is the cost of living in Arvada, CO?
The cost of living index in Arvada, CO is 152 (US average = 100). Median monthly rent is $1,802, median household income is $113,396/year, and the median home value is $600,800.
Is Arvada, CO affordable?
No, Arvada is more expensive than the national average with a cost index of 152. The rent-to-income ratio is 19.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Arvada, CO?
The median gross rent in Arvada, CO is $1,802 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,624.
What is the median household income in Arvada?
The median household income in Arvada, CO is $113,396 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Colorado?
Colorado has a top income tax rate of 4.4%, a sales tax of 2.9%, and an effective property tax rate of 0.51%.

Compare Arvada With

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