Colorado is the third most expensive state in the nation, according to the Colorado Chamber of Commerce’s “Colorado Scorecard,” which ranked the Centennial State 47th in cost of living.
Housing is the primary driver of that ranking, according to data from the US Bureau of Economic Analysis price parities shared by University of Colorado Colorado Springs Economic Forum Director Bill Craighead. While Colorado tracks near similar states on costs like utilities and goods, housing costs are well above average.
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