Cost of Living in Hayden, CO

With a cost of living index of 119, Hayden, CO is a notably expensive place to live. Living here is 19% more expensive than the national average and 5% above the Colorado state average of 114. Hayden is a small community of 2,010 residents.

Housing costs are the biggest factor in Hayden's cost of living. The median monthly rent is $1,680 (27% above the US median of $1,319), and the median home value sits at $394,400 (29% above the national median of $304,900). At current prices, the median home costs roughly 4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Hayden is $97,917, which is 30% higher than the national median of $75,149. Residents spend roughly 21% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.