Startup Costs in Colorado

Data current as of May 2026

Colorado combines a highly educated workforce with an active, health-conscious consumer base that supports fitness, food, and outdoor businesses. Denver's tech scene is growing rapidly, and the state's $50 LLC fee with a $10 annual report keeps formation costs minimal. Local sales tax rates vary significantly and can push the effective rate above 8% in some areas.

Colorado (CO) by the Numbers

LLC Filing Fee
$50
Annual Report
$25
State Income Tax
4.40%
Sales Tax
2.90%
Min Wage
$15.16/hr
Cost of Living
1.05x
Labor Cost
1.05x
Rent Index
1.10x

What Colorado's Numbers Mean for Founders

  • State income tax caps at 4.40%.
  • Minimum wage is $15.16/hour - on the high end nationally, which lifts your entry-level labor costs.
  • LLC filing costs just $50, among the cheapest in the country.
Capital: Denver
Major metros: Denver, Colorado Springs, Aurora, Boulder
Top industries: Technology, Aerospace, Tourism, Cannabis

Colorado Cost Guides (10)