This is the kind of headline you’d expect to see in a news article about the state of Colorado.
But a new report from the Colorado Department of Public Health is revealing a much different story.
The new report found that Colorado residents are being charged a whopping 10% more than they would for the same rental rates in the rest of the country.
According to the study, the average Colorado rental rate was $11.72 per month in 2016.
In the rest in the United States, the cost was $10.23 per month.
That’s a 10% increase.
And it comes at a time when the state is facing a shortage of car rental space, which is affecting drivers and residents alike.
According to the report, a shortage in rental cars has pushed rental companies to hike rental rates.
So have rising fuel prices.
And the cost of insurance for those who use car rentals is skyrocketing.
It’s all driving up prices.
The average cost of a rental car in Colorado in 2018 was $26,038, the report found.
That’s a whopping 20% more expensive than the national average.
The report comes as Colorado has been trying to get back on its feet after years of economic recession and the worst drought in decades.
The state has experienced a severe shortage of vehicles since the Great Recession.
As a result, car rental companies are looking to increase their rents.
The report found rental rates have increased an average of 13% since 2016.
The highest average rental rates are in Denver, where the average cost was up nearly 30%.
The study found that drivers in Colorado are charging an average $2,200 more than in the national averages.
The cost of car insurance is the highest of any state in the nation.
The state’s Department of Insurance said it will continue to monitor rental rates to make sure they are being kept within reasonable limits.