Housing costs in Denver?
A typical home costs
$293,200, which is 13.3% less expensive than the national average of
$338,100 and 44.4% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Denver costs
$1,790 per month, which is 8.5% more than the national average of
$1,650 and 3.9% cheaper than the state average of
$1,860.
Can I afford Denver?
To live comfortably in Denver (zip 80247), Colorado, a minimum annual income of
$56,160 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about Denver?
The cost of living in 80247 Denver, CO is quite high. According to a recent survey, the median household income in this area is over $91,000. Rent prices for one-bedroom apartments range from around $1,400 to over $2,500 per month. Grocery costs are also quite high with average prices for staples such as milk and eggs being more than 20% higher than the national average. Other items like clothing and electronics tend to be slightly cheaper than other cities with similar costs of living. Overall, while not as expensive as some of its neighboring cities, living in 80247 Denver does come with a hefty price tag.