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.