Quality of Life in Denver, CO on a $131,750 Annual Salary

Cost of Living

• Higher than National Average: Denver's cost of living index is above the national average, largely driven by housing costs.
• Transportation and Utilities: Expenses for transportation and utilities are relatively on par with national figures.
• Groceries and Dining: The cost of groceries and dining out tends to be slightly higher than the national average, reflecting its status as a growing metropolitan hub.

Housing Market

• High Home Prices: The median home price in Denver has been significantly higher than the national average, driven by strong demand and limited supply.
• Renting vs. Buying: Many residents opt to rent due to soaring home prices, with competitive rental rates that are also above average.
• Competitive Market: The housing market is competitive, often leading to bidding wars and quick sales.

Quality of Life

• Outdoor Recreation: Denver offers excellent access to outdoor activities such as hiking, skiing, and biking, contributing positively to lifestyle and health.
• Cultural and Entertainment Options: The city boasts a vibrant arts scene, museums, and diverse dining experiences, enhancing cultural quality of life.
• Work-Life Balance: Many employers offer flexible work arrangements, allowing residents to enjoy Denver's recreational offerings.

Access to Healthcare

• High-Quality Medical Facilities: Denver is home to several renowned hospitals and medical centers, providing quality healthcare services.
• Insurance Considerations: Healthcare costs can be significant, but employer-provided insurance typically mitigates these expenses.

Quality of K-12 Schools

• Diverse Educational Options: Denver offers numerous public, private, and charter schools, with varying quality.
• Generally Positive Ratings: Many schools in the area receive above-average ratings, though educational quality can vary by neighborhood.
• Strong Community Support: Active community involvement in schools plays a crucial role in maintaining and improving educational standards.

Assessment

Living in Denver, CO, with an annual salary of $131,750 offers a high quality of life but comes with challenges typical of a fast-growing city. While the cost of living is higher than the national average, particularly in housing, the city compensates with ample recreational, cultural, and lifestyle offerings. Access to high-quality healthcare and strong educational options further enhances the living experience, making Denver an attractive place for professionals and families willing to navigate its