Cost of Living in Denver, Colorado

Denver offers mountain access and a strong job market at costs below the coastal hubs. Here is a breakdown of the cost of living in Denver — housing, taxes, and category-by-category indices.

Cost of living in Denver, CO

Denver has an overall cost-of-living index of 128 (national average = 100). The Colorado state income-tax rate is approximately 4.4%.

Median home price: $643,000. Median rent (2BR): $2,680 (1BR $2,300, 3BR $3,520).

CategoryIndex (US avg = 100)
Housing153
Utilities120
Transportation124
Groceries115
Healthcare113
Childcare131
Dining Out125
Entertainment122
Insurance117
Consumer Goods114

Relocation score: 5.2 / 10 (affordability 5, housing 4.1, taxes 5.8).

Frequently Asked Questions

Is Denver expensive to live in?
Denver sits moderately above the national average, driven by housing, but remains cheaper than Seattle, the Bay Area, or the Northeast. Colorado levies a flat state income tax.
What salary do you need to live comfortably in Denver?
It depends on household size and housing choice. Use the calculator above to model an equivalent salary based on your current city and lifestyle.

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