States › Colorado › Westminster

Is Westminster, CO expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,18725% higher than U.S. average
💵 Families earn per year (2026)$108,143about $9,012/month · 24% higher than U.S. average
🔑 House price$532,40060% higher than U.S. average

Rent is higher than in 76% of U.S. cities. A typical house costs about 4.9 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $87,480 a year. That is $42 an hour at a full-time job.

Is rent cheaper than other Colorado cities?

No. Rent here is more expensive than in most of Colorado. It is number 66 of 112 cities from cheapest to most expensive.

Westminster
$2,187
Pueblo
$1,283
Greeley
$1,757
Arvada
$2,080
Centennial
$2,264
Boulder
$2,220
Highlands Ranch
$3,031

How much do households earn in Westminster?

Under $25k
8.1%
$25k–50k
16.4%
$50k–100k
34.8%
$100k–150k
21.5%
$150k+
16.5%

Share of households by yearly income. 38.0% of households earn $100,000 or more.

Rent by apartment size in Westminster

SizeWestminsterU.S. average
Studio$1,870$1,338
1 bedroom$1,796$1,324
2 bedrooms$2,121$1,509
3 bedrooms$2,633$1,698
4 bedrooms$3,009$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Westminster overall?

Everyday prices in Colorado overall are 3% above the U.S. average (index 103.1, U.S. = 100).

Housing
127
Goods (food, clothes…)
99
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Westminster, so the Colorado figure is shown.

Taxes and bills in Westminster

🏛️ Property tax$2,614a year · 0.49% of home value · U.S. $3,119
⚡ Electric bill$137a month (typical) · U.S. $156

Life in Westminster

Commute to work27 minU.S.: 26.4 min
College degree44.6%U.S.: 35.7%
Own their home61.9%U.S.: 65.2%
Below poverty line7.3%U.S.: 12.5%
Unemployment3.7%U.S.: 5.2%

Is it cheaper to rent or buy in Westminster?

Renting is cheaper right now: about $1,507 a month less.

Renting
$2,187
Owning
$3,694

Owning assumes a typical $532,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $53,240 for the down payment.

Frequently asked questions

What is the average rent in Westminster, CO?

Renting in Westminster costs a median of about $2,187 a month in 2026, including utilities. The Colorado median is $2,080.

How much do I need to make to live in Westminster?

To keep rent under 30% of income, you need about $87,480 a year, or $42 an hour at a full-time job.

Is Westminster cheap or expensive?

Westminster is rated OK: rent takes 24.3% of the typical household income of $108,143. It ranks 66th cheapest of 112 Colorado cities we track.

How much are property taxes in Westminster?

The median homeowner in Westminster pays $2,614 a year in property taxes, about 0.49% of the median home value.

Is Westminster more expensive than the national average?

Overall prices in Colorado are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Westminster?

The median home value in Westminster is $532,400, about 4.9 times the typical yearly household income.

115,484 people live in Westminster. Numbers are typical (middle) values.