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Colorado vs Texas

A comprehensive side-by-side comparison of cost of living, wages, taxes, and housing between Colorado and Texas. Updated for 2026.

Quick Summary

Texas is 11.2% cheaper to live in than Colorado. However, Colorado has a higher median household income ($82,254 vs $67,321). Average rent for a 1-bedroom is $1,400/mo in Colorado vs $1,100/mo in Texas.

Cost of Living Index

105.1

Colorado

93.9

Texas

11.9% higher in Colorado

Minimum Wage ($/hr)

$15.16

Colorado

$7.25

Texas

109.1% higher in Colorado

Median Household Income

$82,254

Colorado

$67,321

Texas

22.2% higher in Colorado

Average 1BR Rent ($/mo)

$1,400

Colorado

$1,100

Texas

27.3% higher in Colorado

State Sales Tax Rate

2.90%

Colorado

6.25%

Texas

53.6% lower in Colorado

Frequently Asked Questions

Is Colorado or Texas cheaper to live in?expand_more

Texas has a lower cost of living index (93.9 vs 105.1), making it approximately 11.9% more expensive than Colorado overall.

What is the minimum wage difference between Colorado and Texas?expand_more

Colorado has a minimum wage of $15.16/hr while Texas has $7.25/hr. The difference is $7.91/hr.

Which state has higher median income: Colorado or Texas?expand_more

Colorado has a higher median household income at $82,254, compared to $67,321 in Texas.

Explore Individual States

Colorado

Minimum Wage Salary Calculator Unemployment Data

Texas

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