Cost of Living in Denver, CO (2026) (2026)

Denver combines a thriving tech and outdoor lifestyle with mountain access. The Mile High City has a strong job market but higher costs driven by housing demand and a premium outdoor-recreation lifestyle.

Avg 1BR Rent

$2,000

Avg 2BR Rent

$2,259

State Tax

4.25%

Median Income

$94,718

Affordability Rating

Tight

AffordableTightExpensive

$1,750/mo rent on $70K in Denver

Rent Affordability by Salary in Denver

Salary	Take-Home	Max Rent (30%)	After Expenses
$50k	$3,347	$1,250	$-109	Details
$60k	$3,981	$1,500	$275	Details
$70k	$4,556	$1,750	$600	Details
$80k	$5,107	$2,000	$901	Details
$90k	$5,658	$2,250	$1,202	Details
$100k	$6,208	$2,500	$1,502	Details

Monthly Cost Breakdown in Denver

Average 1BR Rent$2,000

Utilities$182

Groceries$435

Transportation$845

Healthcare$744

Total Monthly Essentials$4,206

Living in Denver: What to Expect

Denver is where people go to work hard and play harder. Friday afternoons mean ski gear in the trunk, and weekend hikes are practically mandatory. The craft beer scene is legendary.

Best Neighborhoods for Renters

RiNo (River North) is the arts-and-brewery district, while Wash Park and Capitol Hill offer charming residential neighborhoods within biking distance of downtown.

Getting Around

RTD light rail reaches the airport and suburbs, and Denver's bike infrastructure is among the best in the country. Many residents bike commute year-round.