How Much Does Assisted Living Cost in Colorado?
The average cost of assisted living in Colorado is $5,048/mo ($60,576/yr), which is 5.0% above the national average.
Monthly Cost
$5,048/mo
Annual Cost
$60,576/yr
National Average
$4,807/mo
Cost by City
| City | Monthly Cost | Annual Cost | Difference |
|---|---|---|---|
| Denver | $5,300/mo | $63,600/yr | +5.0% |
| Colorado Springs | $4,800/mo | $57,600/yr | -4.9% |
| Boulder | $5,500/mo | $66,000/yr | +9.0% |
Nearby States
Medicaid Coverage — Colorado
Medicaid accepted in this state Colorado accepts Medicaid for assisted living services.
- Medicaid eligibility requirements vary — income and asset limits apply.
- Many states offer Home and Community-Based Services (HCBS) waiver programs.
- Contact your local Area Agency on Aging for application assistance.
How to Save
- 1. Ask for the cash/self-pay price — often 40-60% less than the billed price.
- 2. Compare prices between hospitals and freestanding centers.
- 3. Check if your insurance covers the procedure and what your copay will be.
- 4. Ask about payment plans or financial assistance programs.
- 5. Consider nearby states — prices can vary significantly across state lines.
Data sourced from Genworth/CareScout Cost of Care Survey 2025. Last updated: 2026-03-01. This information is for educational purposes only and does not constitute medical advice.