Housing costs in Denver?
A typical home costs
$685,500, which is 102.8% more expensive than the national average of
$338,100 and 30.0% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Denver costs
$1,780 per month, which is 7.9% more than the national average of
$1,650 and 4.5% cheaper than the state average of
$1,860.
Can I afford Denver?
To live comfortably in Denver (zip 80220), Colorado, a minimum annual income of
$131,400 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about Denver?
The cost of living in 80220 Denver, CO is quite high with a median home price of $545,000 according to Zillow. The median rent is also expensive, with one-bedroom apartments typically renting for about $1700 a month. Food and transportation costs can be kept relatively low if you shop around for the best deals. Prices at the grocery store are generally lower than in other places and public transport is usually very affordable. You can also save money in Denver by taking advantage of free local activities such as parks or museums. All in all, living in 80220 Denver can be expensive but there are ways to save money if you know where to look.