Housing costs in Denver?
A typical home costs
$533,300, which is 57.7% more expensive than the national average of
$338,100 and 1.2% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Denver costs
$1,770 per month, which is 7.3% more than the national average of
$1,650 and 5.1% cheaper than the state average of
$1,860.
Can I afford Denver?
To live comfortably in Denver (zip 80218), Colorado, a minimum annual income of
$102,240 for a family, and
$58,400 for a single person is recommended.
What does A.I. say about Denver?
The cost of living in 80218 Denver, CO is relatively high compared to other parts of the United States. The median home price in 80218 is around $500,000 which is significantly higher than the national average. Additionally, groceries and health care in this area are also more expensive than the U.S. average. Renting an apartment or house is typically more expensive than in other areas as well, with average prices in 80218 averaging around $1,800 for a one bedroom apartment. There are some cheaper options in outlying suburbs, however these tend to be further from downtown Denver and its amenities.