Average tuition, fees, room & board for Colorado colleges in 2026-2027. Compare costs and plan your 529 savings.
Residents of Colorado can deduct 529 plan contributions from their state taxable income. Full deduction of contributions (was unlimited, capped at $20,000 per taxpayer in recent years). This can save you hundreds or even thousands of dollars per year on your state tax bill while building your child's college fund.
To cover the full 4-year in-state cost at today's prices ($98,000), a Colorado family starting at birth would need to save approximately $454/month. Factoring in 5% annual cost inflation and 7% investment returns in a 529 plan, the recommended monthly savings increases to approximately $548.
| Starting Age | Monthly Savings Needed | Total Contributed | Est. 529 Growth |
|---|---|---|---|
| Age 0 (18 years) | $548/mo | $118,275 | +$117,574 |
| Age 5 (13 years) | $729/mo | $113,795 | +$70,999 |
| Age 10 (8 years) | $1,129/mo | $108,425 | +$36,366 |
| Age 13 (5 years) | $1,747/mo | $104,822 | +$20,253 |
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