Colorado has gained a large number of new people who are impressed with the state’s outstanding standard of living. Americans who’ve already moved to the state have found the combination of work prospects, lovely weather, breathtaking landscapes, and a healthy culture irresistible. The Centennial State is home to many of the nation’s most famous wealth management businesses. Yes, you heard that right!
So, are you thinking about shifting to Colorado? Well, when you go, here are 15 things to keep in mind.
1. It’s a good state to be in.
Coloradans are dedicated to their health and fitness. Even though many Coloradans may prefer a sedentary life, the state’s main culture is one of intense impact. You’ll fit nicely in if you enjoy working out and being outside. If you don’t, you’ll have to adjust or find new people. Plus, you can also visit Movers in Denver, which will be helpful to you.
2. Coloradans don’t sit in their home in the winter.
People in other states stay indoors during the winter, watch movies, and wait for spring to arrive. In Colorado, no. Even if the temperatures are below freezing, Coloradans hike, skate, and particularly snowboard through the winter months, keeping their active life.
3. Colorado is a state that can swing anyway.
You may not have been used to getting smashed with election advertising, calls, and emails, and knocking at the door whether you’re moving to Colorado from such a reliably left- or right-leaning region. Colorado people receive an amount of publicity every four years when there has been a presidential campaign since it is a swing state.
4. Don’t know much about skiing; you’ll likely want to train.
In Colorado, skiing is incredibly popular. It’s a wonderful spot to explore if you’re not used to being on the hills. On the other hand, skiing may be expensive, so make damn sure you don’t go overboard. Whenever ski season arrives, you want to be able to spend time with your buddies on the hills without going into debt.
5. You’ll be pleasantly surprised by the red rocks.
The red rocks of Colorado are a beautiful place. The vista doesn’t even get old if you’re already on a hiking route, in a park, or even at a one-of-a-kind amphitheater. Start preparing to impress your Social media followers.
6. You can connect with your internal train fan.
Colorado contains a range of beautiful railway tracks that will take you through the state’s mountains and historical places. You might find yourself rekindling a childhood interest with trains or simply using railways as a crowd-pleasing adventure when entertaining out-of-state guests.
7. Colorado is a craft brewing paradise.
Craft beer fanatics will fit in perfectly in Colorado. Colorado is a residence to more than 10% of the country’s craft brewers. A beer fest and brewery trips are renowned in the state because there are always fresh breweries to visit.
8. There are minimal property taxes.
Colorado real estate taxes and prices are among the most affordable in the country. Due to the high cost of real estate in Colorado, property tax payments can be rather expensive. A tenth of a million-dollar home is a significant sum of money.
9. Being at such a high altitude is hard.
Shifting to Colorado may be difficult at first if you aren’t used to being involved in high altitudes. Headaches, dizziness, and breathing difficulty are possible side effects. If you have a respiratory illness, give it a break at first. We are damn sure that you’ll enjoy the mountain air when you get used to it.
10. Coloradans are smart and young people.
The people of Colorado are mostly younger and more intelligent. Competition for jobs can become intense as a result of this. If you’re going to Colorado but don’t have a stable job, make damn sure you have enough money in your bank account.
11. In Colorado, the average salary is high.
Coloradans have a luxurious lifestyle. No doubt, there are low-income families and towns across Colorado. However, the U.S. Census Bureau estimates that the median household pay in 2014 was $59,448. This is more than the national average of $53,482 for that year. Colorado also has a high cost of living.
12. Colorado housing market is costly.
Colorado has a reputation for having high home prices. This is due to the fact that many Coloradans may afford a large home. However, tight zoning restricts the development of more affordable units and multi-family housing developments in many localities.
13. You’ll most likely spend a lot of money on tools.
You don’t have to spend lots of money to stay updated with the recent fashions in Colorado, and you may even find yourself spending a great deal on outdoor gear. Therefore, it could be hiking, camping, hunting, or skiing gear, but this could simply be a coat you use throughout town or a pair of shoes you wear to the grocery store.
14. Counties and cities have the authority to collect big sales taxes.
Colorado has a single sales tax, although counties and cities may –” and did – collect additional sales expenses on top of the government’s low rate. When relocating to Colorado, take some tax-related information to enable you to find a more reasonable location. Some cities’ total state, county, and local sales tax levels exceed 9%.
15. Know all the rules if you smoke.
The fact that recreational marijuana usage is allowed in Colorado doesn’t really negate the existence of regulations. There are regulations on where you can smoke, and people can’t buy marijuana in every area. If you intend to use marijuana or work in the marijuana sector after relocating to Colorado, make sure you follow the law.
● Helpful Advice for Moving to Colorado
If you’re relocating to a new state, it’s important to consider how the relocation may affect your financial situation. The Colorado income estimator on SmartAsset can help you figure out how moving to Colorado will affect your take-home income.
A financial planner can assist you with major life transitions such as moving, recognizing, and achieving your financial objectives overall. SmartAsset’sSmartAdvisor, for example, can assist you in selecting anyone to work with who meets your requirements. You’ll start by answering a series of questions about your circumstances and goals.