Cheapest Places to Live in Colorado || Guide for 6 Best Places

In the quest for affordability amidst the Rocky Mountains’ scenic beauty, many are turning their eyes toward the cheapest places to live in Colorado. Colorado known for its breathtaking landscapes and outdoor lifestyle also offers a variety of cities and towns where living expenses do not break the bank. This article will guide you through beautiful destinations highlighting the unique appeal of each. Whether you are drawn to the quiet of small towns or the more subdued urban vibes Colorado has something for everyone all while keeping your budget in check.

cheapest places to live in colorado
cheapest places to live in Colorado

Pueblo: A Blend of History and Affordability

cheapest places to live in colorado

The Pueblo stands out as one of the cheapest places to live in Colorado offering a rich blend of history culture, and affordability. This city in the southern part of the state boasts lower housing costs than much of Colorado making it an attractive option for families and individuals. Pueblo revitalized the downtown area with Riverwalk art galleries and restaurants. It offers a quality of life that belies its cost of living. Lake Pueblo State Park nearby provides ample outdoor recreation opportunities ensuring that residents never run out of activities.

Canon City: Small Town Charm

cheapest places to live in colorado
Canon City

 cheapest places to live in Colorado. Known for the Royal Gorge Bridge & Park this small town offers a serene lifestyle with its quaint downtown and community-focused atmosphere. Canon City’s housing market is notably affordable, allowing residents to enjoy the beauty of Colorado without the financial strain often associated with the state’s more populated areas. Its proximity to outdoor adventures such as hiking and rafting complements the town’s appeal making it a perfect spot for nature lovers and families seeking a peaceful retreat.

Alamosa: Gateway to Natural Wonders

Aerial view of Alamosa

The Alamosa in the San Luis Valley is a gateway to Colorado’s most stunning natural wonders, including the Great Sand Dunes National Park and Preserve. It ranks high among the cheapest places to live in Colorado with a cost of living that is hard to beat. Alamosa has a small-town vibe and access to many outdoor activities, from hiking to sandboarding. It is an ideal location for those who yearn for adventure without the hefty price tag. The community here is tight-knit offering a sense of belonging and a slower pace of life.

Fort Morgan: Agricultural Heartland

Fort Morgan is a hidden jewel among the cheapest places to live in Colorado, offering an agricultural heartland slice of Americana in the state. This city is characterized by its affordable housing low cost of living, and strong sense of community. Residents enjoy a quality of life enriched by local farms cultural festivals, and a historic downtown area. The city is committed to maintaining a family-friendly environment and its economic opportunities in agriculture. The manufacturing makes Fort Morgan an appealing option for those seeking a simpler life.

Sterling: A Northern Retreat

Aerial view of Sterling Colorado
Sterling Colorado A Northern Retreat

The Sterling is an attractive option among the cheapest places to live in Colorado, particularly for those looking towards the northeastern part of the state. This city offers an escape from the hustle and bustle with its tranquil parks, reservoirs, and charming downtown. Sterling’s cost of living is competitive, especially regarding housing, making it a viable choice for retirees and families. The community here is welcoming with a calendar full of events and activities that foster a close-knit atmosphere.

Trinidad: Historic and Affordable

Trinidad skyline with mountains in the background
Trinidad Beautiful view

With its historic charm and affordability, Trinidad secures its spot as one of the cheapest places to live in Colorado. This city near the New Mexico border is rich in history and culture offering a unique living experience. Trinidad’s cost of living is among the lowest in the state, with real estate prices that make homeownership accessible to many. The city’s efforts to preserve its historic downtown, combined with the surrounding area’s natural beauty, make Trinidad an attractive place for history buffs and outdoor enthusiasts.

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The cheapest places to live in Colorado provide a rare combination of affordability community, and access to the natural beauty for which the state is renowned. From the agricultural plains of Fort Morgan to the historic streets of Trinidad. A slice of Colorado meets the needs and budgets of a wide range of people. These towns and cities prove that it is possible to enjoy the Colorado lifestyle without the steep price tag often associated with living in the state. As you consider your next move or seek a more budget-friendly lifestyle. Remember that Colorado’s beauty and charm are accessible at every price point.


What are some of the cheapest places to live in Colorado?

The most affordable locations to reside in Colorado include cities like Pueblo Canon City and Fort Morgan. These areas offer a lower cost of living than the state average making them attractive for those seeking affordability.

Why these places are considered affordable?

These areas are considered affordable due to lower housing costs reduced living expenses, and in some cases lower tax rates. The cost of living in these areas is significantly less than in more populated Colorado cities like Denver and Boulder.

Can I find good job opportunities in these cheaper areas?

Job opportunities vary by location but many of the cheapest places to live in Colorado have growing economies. Sectors such as healthcare education, and retail offer employment opportunities. However, it is wise to research job markets in specific areas before moving.

Are these areas suitable for families?

Yes! Many of these areas are great for families offering affordable housing good schools, and community activities. Places like Pueblo and Canons City are known for their friendly communities and outdoor recreational opportunities.

How do I find housing in these affordable areas?

To find housing start by searching online real estate listings contacting local real estate agents, and exploring rental platforms. It is also beneficial to visit the area to get a feel for neighborhoods and housing options.

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