Housing costs in Denver?
A typical home costs
$396,900, which is 17.4% more expensive than the national average of
$338,100 and 24.7% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Denver costs
$1,970 per month, which is 19.4% more than the national average of
$1,650 and 5.6% more than the state average of
$1,860.
Can I afford Denver?
To live comfortably in Denver (zip 80216), Colorado, a minimum annual income of
$75,960 for a family, and
$65,200 for a single person is recommended.
What does A.I. say about Denver?
The cost of living in Denver, CO zip code 80216 is relatively high compared to other parts of the country. According to BestPlaces's Cost of Living Index, Denver ranks as the 29th most expensive city in the United States. Although housing costs are generally higher than in many other cities, food costs are lower than many others. In addition, transportation costs are also lower than many other cities even though there can be heavy traffic congestion during peak hours. All in all, the cost of living in Denver can vary significantly depending on your lifestyle and individual needs.