Housing costs in Denver?
A typical home costs
$169,000, which is 50.0% less expensive than the national average of
$338,100 and 23.7% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Denver costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 24.1% cheaper than the state average of
$980.
Can I afford Denver?
To live comfortably in Denver, Indiana, a minimum annual income of
$32,400 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Denver?
The cost of living in Denver, IN is very affordable. The cost of housing is relatively low compared to other areas in the United States, with the median home price being around $117,300. Renters can find plenty of affordable options as well, with the average rent for a 1-bedroom apartment hovering around $675/month. Other basic expenses like food and transportation are also quite affordable in Denver. The overall cost of living index for Denver is 95.7%, which is lower than the national average of 100%. This makes Denver an attractive option for those looking to stretch their budget further.