HireAHelper, an online moving service, analyzed over 90,000 moves that took place over 2021. In Colorado, 15% more people moved out of the state than into it over the year.
Here are 10 factors that might contribute to people leaving Colorado:
- Denver is the seventh most expensive of the top 50 US metro areas, with a typical home sales price of $598,233
- Denver ranks 13th for the percent its home prices have increased since 2000
- Monthly rent prices are up in Colorado 21.95% year over year
- The cost of living in Colorado is 17% higher than the national average
- There are a record low number of homes available in the Denver metro area
- Denver housing is more unaffordable for middle class than nearly any US metro
- Denver has the 10th fastest-rising rent over the last year
- Colorado transportation costs are 6% higher than the national average
- Colorado has the highest car theft levels in the country, with a 32% increase over the last year
- Violent crime increased by 52% in Colorado over the last 10 years
While these are some of the reason people might move out of Colorado, there are a laundry list of reasons why others have chosen to remain in the state.