Housing costs in Denver?
A typical home costs
$531,900, which is 57.3% more expensive than the national average of
$338,100 and 0.9% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Denver costs
$1,860 per month, which is 30.1% more than the national average of
$1,430 and 11.3% more than the state average of
$1,650.
Can I afford Denver?
To live comfortably in Denver Color County, Colorado, a minimum annual income of
$101,880 for a family, and
$61,600 for a single person is recommended.
What does A.I. say about Denver?
Denver, CO County is known for its high cost of living compared to the national average. The median house value in the county is $531,900, nearly double the US median of $338,100. This high cost of living is further evidenced by a cost of living index score of 127.6, which is 27.6 points higher than the US average index score of 100. As a result, it can be difficult for individuals and families to make ends meet in Denver, CO County unless they have a higher salary or are willing to make sacrifices in their budgeting to cover the higher costs associated with living in this area.