O’Donnell: It’s costly to live in Colorado—and now we top the charts in personal debt
Since 2021, inflation has been higher in Colorado than in any other state, mostly because of the cost of owning or renting a home. But this is also because the state legislature enjoys imposing new fees (you aren’t allowed to call them taxes) on seemingly anything they can think of.
Colorado residents may not, however, realize that because it is now so expensive to live in the state, Coloradans owe more money in mortgages, auto loans, credit cards, student loans and other consumer obligations than residents of ANY other state.
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