Aurora, CO

Very High · 130

Colorado · Population 390,201 · Updated March 2026

$1,759
Median Rent / Month
$84,320
Median Income
$444,500
Median Home Value
$1,762
Owner Costs / Month

Affordability

How far your income goes in Aurora

25.0%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$21,108
Annual Rent
$3,710
State Income Tax
$2,267
Property Tax (est.)

Cost of Living Overview

Aurora has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 130 (where 100 equals the national median), Aurora residents can expect to pay median rent of $1,759/month while earning a median household income of $84,320/year.

The median home value in Aurora, CO is $444,500, with typical monthly owner costs around $1,762 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.0%, Aurora falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Aurora.

Frequently Asked Questions

Common questions about living costs in Aurora

What is the cost of living in Aurora, CO?
The cost of living index in Aurora, CO is 130 (US average = 100). Median monthly rent is $1,759, median household income is $84,320/year, and the median home value is $444,500.
Is Aurora, CO affordable?
No, Aurora is more expensive than the national average with a cost index of 130. The rent-to-income ratio is 25.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Aurora, CO?
The median gross rent in Aurora, CO is $1,759 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,108.
What is the median household income in Aurora?
The median household income in Aurora, CO is $84,320 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%.

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