A Colorado guaranteed income program could help families, but the costs are high

By Jennifer C. Greenfield, Associate Professor of Social Work, University of Denver
Kaitlyn M. Sims, Assistant Professor of Public Policy, University of Denver; Institute for Humane Studies
Stefan Chavez-Norgaard, Teaching Assistant Professor of Public Policy, University of Denver

In Colorado, full-time workers need to earn an hourly wage of at least $36.79 to afford $2,000 in monthly rent, which is below the federal fair market rate for a Denver-area two-bedroom unit.

More than 87% of low-income Coloradans spend more than one-third of their pretax income on housing — a common…

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