CostByCity

Cost of Living in Denver, CO

2024 data from the Bureau of Economic Analysis

Cost Index
105.8
5.8% above avg
Housing Index
146.9
Median Income
$96,920
Median Rent
$1,706/mo

Cost Breakdown

Overall105.8 (+5.8%)
Housing146.9 (+46.9%)
Goods101.0 (+1.0%)
Utilities87.9 (-12.1%)
Other Services99.4 (-0.6%)

National average = 100

Income & Housing

Median Household Income
$96,920/year
Median Home Value
$518,900
Median Monthly Rent
$1,706/mo
Per Capita Income
$52,098/year

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Frequently Asked Questions

Is Denver, CO expensive to live in?
Denver, CO has a cost of living index of 105.8, which is 5.8% above the national average.
How much does housing cost in Denver, CO?
Housing costs in Denver, CO are indexed at 146.9 compared to the national average of 100. The median monthly rent is $1,706.
What is the average income in Denver, CO?
The median household income in Denver, CO is $96,920 per year.
What is the average home price in Denver, CO?
The median home value in Denver, CO is $518,900.