A method for preparing ultra-fine cobalt blue material at low temperature. First, three cobalt tetroxide, aluminum hydroxide, zinc oxide and chromium oxide are mixed according to the general chemical formula Co1-xZnxAl2-yCryO4 to obtain reactants, wherein 0≤x<1, 0≤y≤2; secondly, add one or more of KOH, NaOH, KCl, NaCl, Li2SO4, Na2SO4 to the reactant and mix evenly to obtain a mixture; finally, calcinate the mixture at 800°C-1000°C for 1 -2 hours, grind the calcined product finely, wash and filter. The technical process and equipment of the invention are simple, easy to operate, cheap and easy to obtain raw materials, and low cost of colorant preparation. The pigment obtained by the preparation method of the present invention has the characteristics of good grain development, good color development, fine particle size, light agglomeration, good uniformity, etc., and at the same time, the introduction of salt can reduce the synthesis temperature.