Clifton, CO

Below Avg · 75

Colorado · Population 19,746 · Updated March 2026

$1,035
Median Rent / Month
$54,301
Median Income
$234,200
Median Home Value
$1,115
Owner Costs / Month

Affordability

How far your income goes in Clifton

22.9%
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

$12,420
Annual Rent
$2,389
State Income Tax
$1,194
Property Tax (est.)

Cost of Living Overview

Clifton is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 75 (where 100 equals the national median), Clifton residents can expect to pay median rent of $1,035/month while earning a median household income of $54,301/year.

The median home value in Clifton, CO is $234,200, with typical monthly owner costs around $1,115 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.9% 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 Clifton.

Frequently Asked Questions

Common questions about living costs in Clifton

What is the cost of living in Clifton, CO?
The cost of living index in Clifton, CO is 75 (US average = 100). Median monthly rent is $1,035, median household income is $54,301/year, and the median home value is $234,200.
Is Clifton, CO affordable?
Yes, Clifton is more affordable than the national average with a cost index of 75. The rent-to-income ratio is 22.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Clifton, CO?
The median gross rent in Clifton, CO is $1,035 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,420.
What is the median household income in Clifton?
The median household income in Clifton, CO is $54,301 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%.