Utah vs Colorado: Tax & Cost Comparison

2026

Side-by-side Utah vs Colorado comparison: state income tax, sales tax, property tax, cost of living, and minimum wage for 2026. Mountain West pair — UT's 4.55% flat + Wasatch Front growth against CO's 4.4% flat + Front Range housing crisis. Salt Lake/Provo vs Denver/Boulder economic axes.

Written and reviewed by Konstantin Iakovlev · Methodology · Updated

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Tax / Cost Factor Utah Colorado
State income tax (top rate) 4.65% (flat) 4.40% (flat)
State sales tax 4.85% 2.90%
Avg. effective property tax 0.58% 0.50%
Minimum wage (2026) $7.25/hr $15.16/hr
State Disability Insurance (SDI) No No
Paid Family Leave No Yes
Median home price (Q4 2025) $525,000 $580,000
Foreclosure type non-judicial non-judicial
BEA Regional Price Parity (2024) 99.8 105
Median household income (2024) $89,760 $89,930
Median 2-bedroom rent (Q4 2025) $1,820/mo $1,980/mo

Worked example: $75,000 single filer, 2026

For a single filer earning $75,000 in 2026, the rough state-tax burden comparison:

  • Utah: estimated state income tax ≈ $2,441, plus federal income tax (≈ $7,300 at 22% marginal), FICA $5,738, sales tax 4.85% on consumption.
  • Colorado: estimated state income tax ≈ $2,310, plus federal $7,300, FICA $5,738, sales tax 2.90% on consumption.

Property tax depends entirely on home value. On a $400,000 home: Utah ≈ $$2,320/year; Colorado ≈ $$2,000/year.

Combined annual state burden (income + property on $400K + 6% of $50K consumption sales tax) — Utah: ~$7,186; Colorado: ~$5,760.

Why this comparison? Mountain West pair — UT's 4.55% flat + Wasatch Front growth against CO's 4.4% flat + Front Range housing crisis. Salt Lake/Provo vs Denver/Boulder economic axes.

Frequently asked questions

Which is cheaper to live in: Utah or Colorado?

By BEA Regional Price Parity (2024), Utah has a cost-of-living index of 99.8 and Colorado is 105 (US average = 100). Median household income: Utah $89,760, Colorado $89,930. Median 2-bedroom rent: Utah $1,820/mo, Colorado $1,980/mo. Utah is the lower-cost state by this measure.

Does Utah or Colorado have lower income tax in 2026?

Colorado has a top income-tax rate of 4.40%; Utah has 4.65%. Colorado is lower at the top bracket.

What about property taxes in Utah vs Colorado?

Utah's average effective property tax rate is 0.58% (e.g., $2,320/year on a $400,000 home). Colorado's rate is 0.50% ($2,000/year on $400K). Colorado has the lower property tax burden.

Where is the minimum wage higher: Utah or Colorado?

Utah's 2026 minimum wage is $7.25/hour; Colorado's is $14.81/hour. Colorado is higher.