Cost of Living in Aspen, CO

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

210.2

100 = national avg

+110.2 vs national average

Living Wage (1 Adult)

$92,469

per year

Living Wage (Family of 4)

$218,563

per year

Cost Index by Category

Housing
373.4
Food
110.1
Transportation
120.2
Healthcare
108.1
Utilities
160.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,020

per month

2 Bedroom

$2,214

per month

The overall cost of living index in Aspen is 210.2, which is 110.2% above the national average. Housing costs are above the national average at an index of 373.4. A single adult needs to earn approximately $92,469 per year to cover basic expenses.