Cost of Living in Erie, CO
Population: 31,927 • 2026 Data
$163,644
Median Household Income
+111% vs national
$2,775
Median Monthly Rent
+106% vs national
$685,900
Median Home Value
+102% vs national
3.6%
Unemployment Rate
Housing in Erie
The median home value in Erie, CO is $685,900. Monthly rent for a typical unit averages $2,775, while total monthly housing costs (including utilities and insurance) average $2,708.
Rent-to-income ratio: 20.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Erie, CO is $163,644. The unemployment rate stands at 3.6%, with a labor force of 17,833 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.