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Cost of Living in Westminster, CO

Population 115,484 · Census ACS 2020–2024 5-year estimates

Median rent$1,882
Median home value$532,400
Median household income$100,272

The median rent in Westminster, CO is $1,882/month, 7% higher than the Colorado median and 33% higher than the U.S. median. The median home value is $532,400, 60% higher than the national median. Households earn a median of $100,272 a year, 5% higher than the state median.

Affordability

Rent as a share of median income: 22.5%
Income needed for median rent (30% rule): $75,280/yr
Home price-to-income ratio: 5.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,692/mo

Run your own numbers: mortgage calculator · hourly to salary

Westminster vs. Colorado vs. U.S.

WestminsterColoradoU.S.
Median rent$1,882$1,761$1,413
Median home value$532,400$539,400$332,700
Median household income$100,272$95,470$80,734
Homeownership rate61.9%66.2%65.2%
Bachelor's degree or higher44.6%45.7%35.7%
Poverty rate7.3%9.4%12.5%
Unemployment rate3.7%4.6%5.2%
Work from home21.7%21.0%15.1%
Median age37.437.738.9

FAQ

What is the average rent in Westminster, CO?

The median gross rent in Westminster, CO is $1,882 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Westminster, CO?

Using the common 30% rule, renting a median-priced home takes about $75,280 a year in gross income.

Is Westminster, CO expensive to live in?

Rent there is 33% higher than the U.S. median, and the median home costs about 5.3 times the median household income.

Other cities in Colorado

Denver, CORent $1,831 · Income $94,718Colorado Springs, CORent $1,648 · Income $84,818Aurora, CORent $1,835 · Income $88,368Fort Collins, CORent $1,690 · Income $85,070Lakewood, CORent $1,806 · Income $89,792Thornton, CORent $1,895 · Income $103,088

Cities with a similar cost of living

Laurel, MDRent $1,873 · Income $100,504South Whittier, CARent $1,908 · Income $100,800Silver Spring, MDRent $1,913 · Income $99,860Fairland, MDRent $1,894 · Income $98,800Aloha, ORRent $1,896 · Income $101,934Valinda, CARent $1,829 · Income $100,165

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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