Denver, CO Cost Of Living

The latest cost of living statistics for Denver. Includes statistics on rent, mortgages, healthcare, and other costs for Denver compared to the state and national averages.

Cost of living in Denver, Colorado

Cost of living in Denver research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Denver is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Colorado, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

142 Cost of living index 1.4x higher vs US
#78 Cheapest in Colorado (of 111)
#5,477 Cheapest in the U.S. (of 6,489)
$539,666 Median home value
$1,831 Median rent
$94,718 Median income
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What is the cost of living in Denver, CO?

According to the most recent data on the cost of living, Denver has an overall cost of living index of 142, which is 1.4x higher than the national index of 100.

Compared to Colorado, Denver has a cost of living index that's 1.2x higher than Colorado's index of 114.

The standard of living in Denver ranks as #78 most affordable out of the 111 places we measured in Colorado. By definition, that implies Denver ranks as the #33 most expensive place in the Centennial State.

For more reading on life in Denver, check out:

Denver Cost Of Living Vs. Colorado

Six factors go into calculating the cost of living index in Denver. Here is how it fares on each of the criteria:

  • The Services index in Denver is 108.

  • The Groceries index in Denver is 107.

  • The Health index in Denver is 214.

  • The Housing index in Denver is 113.

  • The Transportation index in Denver is 110.

  • The Utilities index in Denver is 111.

Living Expense Denver Colorado National Average
Overall 142 114 100
Services 108 104 100
Groceries 107 107 100
Health 214 135 100
Housing 113 104 100
Transportation 110 107 100
Utilities 111 107 100

Denver Cost Of Living Compared To Colorado Averages

Services
Denver 108
Colorado avg 104
Groceries
Denver 107
Colorado avg 107
Health
Denver 214
Colorado avg 135
Housing
Denver 113
Colorado avg 104
Transportation
Denver 110
Colorado avg 107
Utilities
Denver 111
Colorado avg 107

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Colorado, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Denver, CO Housing Cost Breakdown

$539,666Median Home Value
$1,831Median Rent
$94,718Median Income

Housing swings affordability the most between places in Colorado, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Denver is $539,666.

  • The Median Rent in Denver is $1,831.

  • The Median Income in Denver is $94,718.

  • The Home Value To Income in Denver is 5.7x.

  • The Rent To Monthly Income in Denver is 0.23x.

Statistic Denver Colorado United States
Median Home Value $539,666 $541,842 $332,700
Median Rent $1,831 $1,761 $1,413
Median Income $94,718 $95,470 $80,734
Home Value To Income 5.7x 5.7x 4.1x
Rent To Monthly Income 0.23x 0.22x 0.21x

Denver, CO Costs By Category

Detailed Denver Services costs vs. Colorado
Item Denver Colorado
Shampoo $1.27 $1.28
Movie $14.7 $12.13
Bowling $21.4 $18
Haircut $26.81 $24.26
Beauty Salon $50.45 $45.56
Detailed Denver Groceries costs vs. Colorado
Item Denver Colorado
Ground Beef $5.23 $5.84
Fried Chicken $1.4 $1.57
Milk $4.74 $4.67
Potatoes $4.3 $4.93
Pizza $12.87 $12.09
Beer $10.67 $10.41
Toothpaste $3.7 $3.7
Detailed Denver Health costs vs. Colorado
Item Denver Colorado
Optometrist $121.38 $125.68
Doctor $116.64 $135.78
Dentist $126.27 $113.29
Detailed Denver Transportation costs vs. Colorado
Item Denver Colorado
Gasoline $3.67 $3.46
Tire Balancing $60.05 $59.92
Detailed Denver Utilities costs vs. Colorado
Item Denver Colorado
All Electricity $145.02 $193.99
Phone $194.36 $192.25

Denver SnackAbility

8Overall SnackAbility
Jobs 8/10
Housing 9/10
Affordability 4/10
Diversity 9.5/10
Safety 3/10
Amenities 9.5/10
Education 8/10
Commute 7/10

Cost Of Living In Cities Around Denver

The cost of living varies in the cities and towns around Denver. Here's a quick look at the cost of living in the most populous nearby places:

  • Aurora, CO has a cost of living index of 127, 0.9x Denver.

  • Brighton, CO has a cost of living index of 125, 0.9x Denver.

  • Englewood, CO has a cost of living index of 130, 0.9x Denver.

City Population Cost Of Living Vs. Denver
Aurora, CO 394,432 127 0.9x
Brighton, CO 42,059 125 0.9x
Englewood, CO 34,129 130 0.9x
Sherrelwood, CO 18,692 123 0.9x
Welby, CO 16,197 116 0.8x
Federal Heights, CO 14,125 94 0.7x
Berkley, CO 10,789 125 0.9x
Derby, CO 8,453 109 0.8x
Commerce, GA 8,013 98 0.7x
Sheridan, CO 6,005 115 0.8x