Housing costs in Denver?
A typical home costs
$658,200, which is 94.7% more expensive than the national average of
$338,100 and 24.8% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Denver costs
$2,780 per month, which is 68.5% more than the national average of
$1,650 and 33.1% more than the state average of
$1,860.
Can I afford Denver?
To live comfortably in Denver (zip 80202), Colorado, a minimum annual income of
$126,000 for a family, and
$92,000 for a single person is recommended.
What does A.I. say about Denver?
The cost of living in Denver's 80202 zip code is higher than the national average due to its location. The median home price in this area is $453,000, which is well above the national median of around $200,000. Renters can expect to pay an average monthly rent of around $1500 for a one-bedroom apartment and $1800 for a two-bedroom apartment. Groceries and other necessities are also pricier than many other cities due to the higher cost of living. However, there are plenty of opportunities to save money on meals by seeking out local discounts or taking advantage of Colorado's abundance of farmers markets and food co-ops.