Housing costs in Denver?
A typical home costs
$467,500, which is 38.3% more expensive than the national average of
$338,100 and 11.3% less 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 80231), Colorado, a minimum annual income of
$89,640 for a family, and
$58,800 for a single person is recommended.
What does A.I. say about Denver?
The cost of living in 80231 Denver, CO is generally higher than the national average. The median home value is $430,300 and monthly rent averages around $1,874 for a one bedroom apartment. Groceries and utilities tend to be slightly more expensive than the rest of the country. Eating out can also be costly, as well as transportation costs due to high gas prices. Despite being more expensive than other cities and states in the US, Denver offers a wide range of jobs with competitive salaries that help balance out the higher cost of living.