Housing costs in Denver?
A typical home costs
$461,700, which is 36.6% more expensive than the national average of
$338,100 and 12.4% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Denver costs
$1,690 per month, which is 2.4% more than the national average of
$1,650 and 10.1% cheaper than the state average of
$1,860.
Can I afford Denver?
To live comfortably in Denver (zip 80223), Colorado, a minimum annual income of
$88,560 for a family, and
$56,000 for a single person is recommended.
What does A.I. say about Denver?
The cost of living in 80223 Denver, CO is quite high compared to other cities in the United States. According to BestPlaces, the cost of living index for this area is 131.98, which is 31.98% higher than the national average. The biggest expense in this area is housing, with an index of 199.20 which represents a 99.20% increase from the national average. Other expenses such as groceries, restaurants and transportation are also significantly more expensive than the national average, making it difficult for many families to afford everyday costs in this area.