Housing costs in Denver?
A typical home costs
$565,200, which is 67.2% more expensive than the national average of
$338,100 and 7.2% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Denver costs
$1,610 per month, which is 2.4% cheaper than the national average of
$1,650 and 15.5% cheaper than the state average of
$1,860.
Can I afford Denver?
To live comfortably in Denver (zip 80204), Colorado, a minimum annual income of
$108,360 for a family, and
$53,600 for a single person is recommended.
What does A.I. say about Denver?
The cost of living in the 80204 zip code of Denver, CO is high compared to other areas in the country. The area has an overall cost of living index of 135.2, which is 35.2% higher than the national average. Housing costs are particularly expensive, with a median home value of $298,000 and an average rent price of $1,400 per month. Groceries, transportation and utility costs are also above the national average. Although prices can be steep, residents benefit from Denver's booming economy and exciting cultural scene that make it one of America's most attractive cities for young professionals.