Housing costs in Denver?
A typical home costs
$618,200, which is 82.8% more expensive than the national average of
$338,100 and 17.3% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Denver costs
$1,740 per month, which is 5.5% more than the national average of
$1,650 and 6.9% cheaper than the state average of
$1,860.
Can I afford Denver?
To live comfortably in Denver (zip 80205), Colorado, a minimum annual income of
$118,440 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Denver?
The cost of living in 80205 Denver, CO is high compared to the national average. The median home value for this area is around $750,000 and the median household income is more than $100,000 annually. Additionally, the rental costs in this area are much higher than the national average. On average, you can expect to pay close to $2,000 for a one bedroom apartment and more than $3,000 for two or three bedroom apartments. In comparison to other cities in Colorado, Denver has an elevated cost of living that can be difficult for some people to afford on a budget.