Housing costs in Denver?
A typical home costs
$639,100, which is 89.0% more expensive than the national average of
$338,100 and 21.2% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Denver costs
$1,750 per month, which is 6.1% more than the national average of
$1,650 and 6.3% cheaper than the state average of
$1,860.
Can I afford Denver?
To live comfortably in Denver (zip 80294), Colorado, a minimum annual income of
$122,400 for a family, and
$58,000 for a single person is recommended.
What does A.I. say about Denver?
The cost of living in 80294 Denver, CO is quite high. According to bestplaces.net, the cost of living index in 80294 is 131.2 which is 31.2% higher than the national average. This means that goods and services are more expensive than average compared to other parts of the US. Renting a one bedroom apartment will cost you an estimated $1,846 per month while the median home price is around $650,000. Groceries also tend to be on the pricier side as well as gasoline and transportation costs due to the city's sprawling size and public transportation system. Despite these costs, many people choose to live in Denver citing its culture, job market, outdoor recreational activities and access to mountains for skiing just a few hours away.