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Cost of Living in
Denver

Living cost is 10% higher than avg
Families spend upto $9,627/mo on avg
Homeowners spend $9,300/mo on avg
Renters spend $5,189/mo on avg

Cost of Living in
Denver

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A Breakdown of the Cost of Living in Denver, CO

U.S. Avg.

Denver, CO

Difference Diff

Home Price

$534,127

$661,458

24%

Apartment Rent (per month)

$1,354

$1,836

36%

U.S. Avg.

Denver, CO

Difference Diff

Phone (per month)

$219.9

$198.9

10%

Total Energy (per month)

$194.67

$172.42

11%

U.S. Avg.

Denver, CO

Difference Diff

Grocery Staples

Corn Flakes (per box)

$5.88

$5.82

Frozen Corn (per bag)

$2.33

$2.28

Frozen Meal (per package)

$4.75

$3.93

17%

Cooking Oil (per bottle)

$9.34

56%

Detergent (per bottle)

$18.81

$20.96

11%

Facial Tissues (per box)

$2.54

$2.19

14%

Sweet Peas (per can)

$1.74

$1.64

Sugar (per bag)

$4.46

$4.9

10%

Bread (per loaf)

$3.66

$4.37

19%

Frying Chicken (per lb)

$1.64

$1.48

10%

Meat & Poultry

Chicken (per lb)

$1.67

$1.55

Steak (per lb)

$13.56

$17.05

26%

Sausage (per lb)

$4.89

$5.25

Ground Beef (per lb)

$7.9

$8.33

Snacks & Beverages

Soft Drink (per bottle)

$3.08

$3.05

Potato Chips (per bag)

$5.08

$4.28

16%

Coffee (per lb)

$5.92

$7.09

20%

Fresh Orange Juice (per half gallon)

$4.85

$5.11

Fruits & Vegetables

Peaches (per can)

$4.29

$2.85

34%

Lettuce (per head)

$1.85

Bananas (per lb)

$0.62

$0.77

24%

Potatoes (per bag)

$4.61

$5.52

20%

Dairy & Eggs

Parmesan Cheese (per lb)

$4.46

$4.95

11%

Margarine (per lb)

$1.26

$1.46

16%

Eggs (per dozen)

$4.5

$4.29

Whole Milk (per gallon)

$4.02

$4.64

15%

Seafood

Chunk Light Tuna (per can)

$1.06

$1.3

23%

U.S. Avg.

Denver, CO

Difference Diff

Tire Balance (per tire)

$69.15

$62.86

Gasoline (per gallon)

$2.82

$3.04

U.S. Avg.

Denver, CO

Difference Diff

Doctor Visit (per visit)

$113.53

$138.91

22%

Dentist Visit (per visit)

$144.14

$148.76

Ibuprofen (per bottle)

$11.48

$11.89

Prescription Drug (per month)

$21.09

$34.26

62%

Optometrist Visit (per visit)

$93.18

$177.17

90%

U.S. Avg.

Denver, CO

Difference Diff

Women’s Slacks

$34.9

$44.36

27%

Boys’ Jeans

$29.45

$34.31

17%

Men’s Shirt

$39.14

$33.82

14%

Wine (per bottle)

$7.14

$12.04

69%

Beer (per 6-pack)

$10.78

$10.69

Veterinary Services (per visit)

$65.41

$88.35

35%

Tennis Balls (per pack)

$3.49

$3.41

Yoga (per class)

$11.89

$23.13

95%

Movie (per ticket)

$11.41

$16.84

48%

Newspaper (per copy)

$18.96

$14.14

25%

Washer Repair (per service)

$109.38

$126.08

15%

Women Slacks

$34.88

$34.07

Boy Jeans

$29.51

$30.21

Man Dress Shirt

$39.05

$25.03

36%

Dry Cleaning (per item)

$13.25

$20.45

54%

Shampoo (per bottle)

$1.56

$1.44

Toothpaste (per tube)

$3.59

$3.99

11%

Beauty Salon (per visit)

$46.61

$53.27

14%

Haircut (per cut)

$26.79

$31.43

17%

Fried Chicken (per serving)

$4.36

$5.69

31%

Pizza (per pizza)

$11.88

$14.46

22%

Hamburger (per serving)

$5.25

$6.21

18%

At exactly 5,280 feet above sea level, Denver offers a unique mix of big-city convenience and outdoor adventure—but that lifestyle comes at a price. The average cost of living in Denver is 10% higher than the national average. With mountain views, a booming tech industry, and easy access to outdoor recreation, Denver has become one of the fastest-growing metro areas in the U.S. Major employers like Amazon, Google, and Lockheed Martin are expanding here, and Denver International Airport has solidified the city's role as a key economic hub.

Housing in Denver is 24% higher than the US average. The average price of a home in Denver, Colorado, is $661,458, significantly higher than the national median of $428,000. First-time buyers typically put down 10–20%, with monthly mortgage payments running 25% to 35% higher than in cities like Phoenix or Dallas.
Renting in Denver averages $1,836 per month, which is 35.6% higher than the national average of $1,627. A one-bedroom apartment in Denver costs around $1,455, while a two-bedroom averages $2,188. Many new rentals include amenities like mountain views, fitness centers, and rooftop decks that drive up prices.
Utilities cost 11% lower than the national average. Monthly energy bills average $169.80. Despite Denver's cold winters, efficient heating and lower natural gas rates help keep costs manageable.
Food prices in Denver are 2% higher than the US median. A gallon of milk costs $4.64, compared to $4.30 in Kansas City or $4.10 in Salt Lake City. A dozen eggs costs $4.29, while a pound of potatoes costs $5.52. Families of four spend $1,200 to $1,500 monthly on groceries.
Transportation expenses are 3.51% lower than the national average. Gas prices in Denver, Colorado, cost around $2.63 per gallon, which is 14% below California's $3.55. Tire balancing costs about $62.86. Monthly car insurance averages $51, significantly lower than coastal cities due to Colorado's competitive insurance market.
Healthcare costs are 13.17% higher than the national average. A dentist appointment costs $148.76 on average, while an optometry check-up costs around $177.17. Denver Health and Presbyterian/Saint Joseph Hospital provide quality care, but specialized services and high-altitude medical considerations carry premium pricing.
Miscellaneous expenses are 14.85% higher than the national average. Movie tickets average $16.84, and gym memberships are about $91 per month. While events like Red Rocks concerts and ski passes are pricey, outdoor activities like hiking and biking are free year-round.

Moving to Denver, Colorado? Get ready for rising costs. The mountain views are free, but make sure your paycheck can cover everything else!👉Next Step: Compare single-family homes in Denver, Colorado

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Is Living in Denver, CO Too Expensive?

Yes, Denver is moderately expensive to live in. Denver's cost of living is 10% higher than the national average. Housing costs represent the biggest expense, sitting 24% above the US median.

With a budget of $614,000, you can buy a townhouse in Denver. Single-family homes in Highlands Ranch or other neighborhoods like Central Park typically list between about $695,000–$725,000. Condos and townhomes in Capitol Hill, Denver or Green Valley Ranch, Denver typically average around $350,000–$480,000. You can still find some homes for sale in Denver under $500,000–$550,000 in the city’s outskirts or older buildings closer to downtown.

Housing in Denver

Buying a home in Denver means navigating one of the country's more competitive markets. Housing costs are 24% higher than the U.S. average—more affordable than coastal cities, but pricier than most Midwest metros. With mortgage rates between 6.0% and 7.0%, plus HOA fees of $200–$500 per month, smart budgeting is essential. Let's break down the costs for buying a house in Denver:

Buying a House in Denver

For young adults or single people, homes in Capitol Hill or Baker offer urban convenience with easy access to downtown Denver and trendy restaurants. Homes average around $661,458. At that price, mortgage payments range from $2,681 to $3,787 monthly, excluding insurance and taxes. Budget-conscious buyers find condos in Stapleton or Aurora from $400,000 to $600,000.
If you're a married couple with young children (under 6), expect to pay around $712,500 for a spacious home in Highlands Ranch, Westminster, or other family-friendly neighborhoods. Homes with backyards in Littleton are popular for families. Schools like Cherry Creek Elementary and Columbine Elementary are highly rated for academics and extracurricular programs.
For married couples with older children (ages 6 to 17), multi-family homes in Denver range from $500,000 to $1M. Patio homes in Cherry Creek, Boulder, and other established neighborhoods offer outdoor spaces and access to top-rated schools like Cherry Creek High School and Fairview High School.

Renting a House in Denver

The average rent in Denver, Colorado, is $1,672 per month, about 35.6% higher than the national average. While some areas have seen modest price drops, rents remain high in sought-after neighborhoods near downtown. Let's break down rental costs across the city:

If you're a young adult or single person, the average rent in Denver, Colorado, for a one-bedroom home in Cherry Creek or LoDo ranges from $2,000 to $2,500 monthly. These areas offer nightlife, breweries, and walkable commutes. More affordable options in Capitol Hill or Virginia Village range from $1,400 to $1,800 and offer easy access to transit and bike lanes.
If you're a married couple with young children (under 6), expect to pay between $2,500 and $4,000 monthly for a two-bedroom house in Westminster, Thornton, or other family-friendly neighborhoods. These areas offer amenities like parks, community centers, and quality schools.
For families with older children (ages 6 to 17), renting a three-bedroom home in Highlands Ranch or a four-bedroom in Cherry Creek typically costs between $3,500 and $5,500 monthly. Rentals near highly-rated schools and ski resorts tend toward the higher end of this range.
If you're downsizing, spend $1,800 to $2,800 monthly renting condos in Washington Park, Stapleton, or Lowry. These neighborhoods offer walkable amenities and easy access to healthcare facilities.
International students should budget about $2,200 monthly for shared housing. Sharing homes in Capitol Hill or other student-friendly areas like Cheesman Park, Congress Park, or University Hills can reduce rent costs by 25% to 35%.

Utilities in Denver

Food and Groceries in Denver

Transportation in Denver

Healthcare in Denver

Healthcare costs in Denver are approximately 13.17% higher than the national average, driven by premium facilities and a growing population. While the quality of care is strong, both emergency and routine services can be expensive depending on the provider and type of service.

Doctor Visit — $138.91+ per visit: Routine checkups for common issues like colds, blood pressure, or prescription refills average $138.91. Specialist visits, such as for orthopedic care, dermatology, or chronic conditions, typically range from $180 to $280, depending on the provider.
Dentist Visit — $148.76+ per visit: Dental appointments in Denver average around $148.76. Basic cleanings cost about $125, while cavity fillings range from $160 to $220, depending on the procedure and provider.
Optometrist Visit — $177.17+ per visit: A standard eye exam costs about $177.17, below the national average of $140. Add-on services like contact lens fittings or eye condition treatment can raise costs by $50 to $140.
Prescription Drugs — $34.26+ per package: Common medications like Lisinopril for blood pressure cost $12 to $22, while Metformin for diabetes runs $15 to $35. Short-term antibiotics average $18 to $30 without insurance.
Over-the-Counter Meds — $11.89+ per package: Everyday essentials like ibuprofen, allergy relief, and cold medications average $11.89 to $13 per package. Whether you're dealing with altitude adjustment, seasonal allergies, or ski slope injuries, a well-stocked medicine cabinet helps.

Securing health insurance is a smart move, as the average doctor's visit in Denver can cost around $140–$160 without coverage. Monthly health insurance premiums in the city typically range from $480 to $920, depending on your plan type, age, and provider. While employer-sponsored plans may reduce costs, independent plans should be carefully reviewed for deductibles and network access. Denver's healthcare costs benefit from competition among major health systems like Denver Health and Presbyterian/Saint Joseph Hospital. The city's active lifestyle and clean mountain air can reduce certain health expenses related to pollution and sedentary living.

*Disclaimer: These figures are averages and can vary based on individual circumstances and specific insurance providers. It's recommended to compare plans and consult with insurance professionals to find the best coverage for your needs.

Miscellaneous Costs in Denver

What Salary Do You Need to Live in Denver, CO?

The average income in Denver is 10% higher, which may feel tight depending on your housing situation and family size. While Denver offers exceptional quality of life, outdoor access, and vibrant neighborhoods, the rising costs of housing, childcare, and daily expenses make budgeting essential—especially for families.

Homeowners spend $111,600 per year: Mortgage payments on homes in neighborhoods like Washington Park, Sloan's Lake, or Central Park can exceed $3,500 per month. Add property taxes, insurance, and typical monthly expenses, and owning a home in Denver comes with a six-figure price tag.

Renters spend $62,268 per year: Rent for a one- or two-bedroom apartment in RiNo, Capitol Hill, or Highland can cost $2,000 to $3,200 monthly. With food, utilities, transportation, and a few weekend brewery stops, total annual spending adds up quickly.

Families with kids spend $115,524 per year: With daycare or school tuition, a larger home, healthcare, and transportation for multiple people, family expenses in Denver stack up fast. Even dual-income households need to plan carefully to keep pace with the city's rising cost of living.

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What is a Cost of Living Calculator?

A cost of living calculator helps you compare the expenses required to live in a different location. The calculator factors in various living expenses like housing, food, utilities, transportation, fitness, and entertainment, and helps you estimate how much salary you need to live in that city. Since the cost of goods and services varies in different cities, a Denver cost of living calculator can help you decide whether moving to this city is the right choice for you.

About Cost of Living Data

The data used to determine Denver's cost of living is sourced from the Council for Community and Economic Research (C2ER). Published since 1968, COLI data is recognized by the U.S. Census Bureau and the Bureau of Labor Statistics. This organization regularly updates its data to offer a detailed and well-researched view of living expenses in cities across the country. An independent Advisory Board reviews C2ER’s data collection methodologies and quarterly publications to ensure consistency and quality. For more information, visit www.coli.org. Data published as of Oct 2025.

Frequently Asked Questions

How much is gas in Denver?

Gas costs around $2.63 per gallon in Denver. Prices may rise during winter months or around major events like Broncos games. Mountain driving and all-wheel drive vehicles can lead to higher fuel consumption than flat terrain driving.

Is Denver a good place to live?

Yes, Denver is a great place to live if you value outdoor recreation, career growth, and four-season weather. The city is home to major employers, highly rated healthcare facilities like Denver Health Medical Center, and family-friendly neighborhoods such as Cherry Creek and Highlands Ranch, which also offer top-rated schools.

What is the average cost of living in Denver?

The price of living in Denver, Colorado, is 10% higher than the national average. Cherry Creek and LoHi are more expensive, while Capitol Hill, Aurora, and Thornton are among the most affordable areas to live in Denver.

What is the average rent in Denver?

The median rent for a one-bedroom home in Denver is about $1,836/month. Rent is higher in neighborhoods like LoHi and RiNo, where many apartments include premium amenities like fitness centers, rooftop decks, and secured parking.

How much is a 2-bedroom apartment in Denver?

A two-bedroom home in Denver costs around $1,836 per month. Expect higher rents for mountain views or luxury buildings in Cherry Creek, Highlands, or downtown Denver.

What is the average price of utilities in Denver?

On average, utility cost in Denver ranges from $125 to $200 per month. This includes electricity, water, sewer, and trash, with seasonal variations due to heating costs during cold winters.

How much is child care in Denver?

Moving to Colorado means you will have to pay around $9,627 per month for childcare. Prices vary by location, with daycare centers in Cherry Creek and LoHi costing more than family-based care in Aurora and Thornton.