Skyline of Denver
Cost of Living: 114.5 713,252

Denver, CO, US

Mile High City where the Rockies meet a booming tech and outdoor-recreation economy.

Updated October 4, 2026

Overview

Denver is a city in CO with a population of 713,252. Mile High City where the Rockies meet a booming tech and outdoor-recreation economy. Housing is notably more expensive than the national average. Gardening thrives here — the 5b growing zone supports Cool — many vegetables, some fruit trees. A large share of residents hold a bachelor’s degree or higher.

Last updated: October 04, 2026

Cost of Living 114.5

Above Average vs US Avg (100)

Housing Index 159

Very Expensive

Median Income $88,000

Household income

Unemployment 4.1%

Job market health

Denver vs US Average

Cost of Living
Denver: 114.5
US Avg: 100
Housing Index
Denver: 159
US Avg: 100
State Income Tax
Denver: 4.4%
US Avg: ~5%

Taxes

  • State Income Tax: 4.4%
  • Sales Tax: 8.8%

Economy & Jobs

  • Median Income: $88,000
  • Unemployment: 4.1%
  • Population: 713,252

Climate

  • Sunny Days: 245/year
  • Summer High: 90°F
  • Winter Low: 17°F
  • Farming Zone: USDA Zone 5b

Internet Speed

  • Average 200 Mbps: 200 Mbps
  • Coworking Spaces: 15+ locations

Housing

  • Median Home: $545,000
  • 1BR Rent: $1650/mo

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Cost of Living

Denver's cost of living index is 114.5 (US average = 100).

CategoryDenverNational AverageDifference
Overall114.5100+14.5%
Housing159100+59.0%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$545,000
Median Rent (1BR)$1650/mo
Median Rent (2BR)$2,063/mo
Price per Sq Ft$363

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Utilities

Estimated monthly utility costs for a typical household in Denver:

UtilityEstimated Monthly CostNotes
Electricity$120Based on ~900 kWh/month typical US household usage
Heating & Cooling$74Estimated based on local climate. Gas or electric
Cooling (AC)$9Estimated based on local climate and electricity rates
Water$50Includes sewer
Internet (100+ Mbps)$70Broadband average
Garbage / Trash$25Private service
Total Utilities$348Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Denver scores —/100 for remote work readiness:

Cost of Living
— 114.5
Rent
— $1650
Sunny Days
— 245
Tax
— 4.4%
Unemployment
— 4.1%
Climate
— 90°F / 17°F
Safety
— 9.8 homicides/100k
Population
— 713,252
Internet Speed
— 200 Mbps

Walkability

How easy it is to get around Denver without a car, based on the EPA National Walkability Index.

73 /100

42% of residents live in above-average walkable neighborhoods.

Source: EPA National Walkability Index (2021)

Climate

Denver has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January37°F17°F2.5"
April75°F32°F2.8"
July90°F65°F1.5"
October70°F35°F2.2"
USDA Zone 5b

Cool — many vegetables, some fruit trees

Natural Hazards

Denver faces the following natural hazards:

Blizzard High Risk

Severe Front Range winter storms.

Hail High Risk

Frequent large hail along the Front Range.

Wildfire High Risk

Wildfire risk in the foothills and surrounding mountains.

Drought High Risk

Recurring drought conditions on the high plains.

Flood Moderate Risk

Flash flooding along the South Platte and Cherry Creek.

Tornado Moderate Risk

Occasional tornadoes on the eastern plains.

Earthquake Low Risk

Low seismic risk.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 4.4%
  • Sales Tax: 8.81%
  • Property Tax: ~0.55% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 4.1%.

Crime & Safety

Crime rates in Denver per 100,000 residents:

993.0
Violent Crime
4,761.6
Property Crime
9.8
Homicide

Data source: FBI Uniform Crime Reporting

Universities & Higher Education

4
Universities
#1489
Top University Rank
Top-Ranked University University of Denver

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Denver is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Asian
4.0%
Black or African American
8.9%
Hispanic or Latino
29.4%
Native American
0.6%
Native Hawaiian or Pacific Islander
0.1%
Two or more races
3.0%
White
54.9%

Education

Bachelor's degree or higher
52.0%
High school graduate
16.0%
Less than high school
10.0%
Some college
22.0%

Religion

Buddhist
1.0%
Christian
55.0%
Hindu
1.0%
Jewish
2.0%
Muslim
1.0%
Other
2.0%
Unaffiliated
38.0%

Data source: US Census Bureau American Community Survey (ACS) (2023)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Denver, CO, US?

The cost of living index in Denver is 114.5, which is Higher the US national average of 100.

How much does it cost to buy a home in Denver?

The median home price in Denver is $545,000. The housing index is 159.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Denver is approximately $1650/mo.

Does Denver, CO have income tax?

Denver is in CO, which has an income tax rate of 4.4%.

What is the climate like in Denver?

Denver enjoys approximately 245 sunny days per year. Summer highs reach around 90°F, while winter lows can drop to around 17°F.

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Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: October 21, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.