Housing costs in Denver?
A typical home costs
$736,700, which is 117.9% more expensive than the national average of
$338,100 and 39.7% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Denver costs
$1,990 per month, which is 20.6% more than the national average of
$1,650 and 6.5% more than the state average of
$1,860.
Can I afford Denver?
To live comfortably in Denver (zip 80211), Colorado, a minimum annual income of
$141,120 for a family, and
$66,000 for a single person is recommended.
What does A.I. say about Denver?
The cost of living in 80211 Denver, CO is quite high. It is nearly 20% higher than the national average. Housing costs make up a large portion of this cost increase as the median home price in 80211 is $609,620. Renting an apartment or house will also be expensive with an average rent of $2,062 for a one bedroom apartment. Transportation costs are also high in Denver and residents must pay high gas prices and higher than average insurance premiums on their vehicles. The cost of food and other necessities are also more expensive than the national average. Despite these higher living costs, many choose to call 80211 Denver home for its vibrant city life and opportunities for outdoor recreation.