Denver-Aurora-Lakewood Metro Area, CO Cost of Living

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United States / Colorado / Denver-Aurora-Lakewood Metro Area / Counties / Cities / Zip Codes

Denver-Aurora-Lakewood cost of living score
More expensive
29.5% higher
than the US average
7.5% higher
than the Colorado average
Denver-Aurora-Lakewood Color Metro Area, Colorado gets a BestPlaces Cost of Living score of 129.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.5% higher than the U.S. average and 7.5% lower than the average for Colorado.

Denver-Aurora-Lakewood Metro Area, CO

Housing costs in Denver-Aurora-Lakewood?
A typical home costs $554,900, which is 64.1% more expensive than the national average of $338,100 and 5.3% more expensive than the average Colorado home, at $527,200. Renting a two-bedroom unit in Denver-Aurora-Lakewood 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-Aurora-Lakewood?
To live comfortably in Denver-Aurora-Lakewood Color Metro Area, Colorado, a minimum annual income of $106,200 for a family, and $61,600 for a single person is recommended.

What does A.I. say about Denver-Aurora-Lakewood?
The cost of living in the Denver-Aurora-Lakewood, CO Metro Area is 29.5% higher than the national average. This means that everyday necessities such as groceries, housing, and other services are more expensive in this region compared to other parts of the country. The median house value in this area is also quite high at $554,900 - significantly higher than the US average of $338,100. Despite these high costs, there are many advantages to living in the Denver metro area such as access to recreational activities in nature and an abundance of diverse cultural attractions.
   Cost of living score
     CategoriesDenver-Aurora-LakewoodColoradoUnited States

   100=National Average

   Average Rent by Bedroom Size