This paper presents a life-cycle cost (LCC) informed co-design framework for building structures and envelope systems, holistically considering the influences of energy and natural hazard performance. The proposed method is consisted of a two-stage design and decision-making process, aiming to provide a quantitative guideline for building's structural and envelope co-design based on the its geographic locations. First, the building's structural configuration and envelope type are selected based on the life cycle cost. Then, the long-term cost effectiveness of various energy-saving building envelope options (e.g., high-performance glazing and insulation) is evaluated to refine the envelope design. The proposed co-design framework was demonstrated through the case study of a medium-size office building archetype in three locations with distinct climate conditions and seismic activities (i.e., Los Angeles, Memphis, and Boston). The results highlighted the interplay between building's structural (seismic) performance and the cost-effectiveness of energy-saving design options – e.g., for buildings located in high-seismic regions, seismic enhancing designs greatly reduce the paybak period of high performance building envelope by reducing the seismic loss; whereas for buildings located in regions with cold climate and low seismic risk such as Boston, spatial frame with high insulation building envelope shows the lowest LCC.