Quality of Life in Denver, CO on a $103,700 Salary

Denver, Colorado, offers a vibrant lifestyle for its residents. With a salary of $103,700 a year, you can expect a quality of life that balances modern urban amenities with outdoor recreational opportunities. Here's how living in Denver compares to the broader United States:

Cost of Living

• Overall Cost Index: Denver's cost of living is approximately 12% higher than the national average. This means that everyday expenses such as groceries, transportation, and utilities are relatively higher compared to other cities.
• Groceries and Dining: Food costs are about 10% above the national average, reflecting a diverse and high-quality dining scene.
• Transportation: Public transportation is accessible, but like most large cities, owning a car can add to living expenses.

Housing Market

• Median Home Price: As of late 2023, the median home price in Denver is around $600,000, significantly higher than the national median of approximately $400,000.
• Rental Costs: Renting is also more expensive, with average rental prices for a two-bedroom apartment ranging from $2,000 to $2,500 per month.
• Real Estate Trends: A competitive housing market has created a robust demand, making it challenging for first-time buyers to enter the market without a substantial budget.

Quality of Life

• Lifestyle and Recreation: Denver offers a blend of urban living with easy access to outdoor activities such as hiking, skiing, and biking, thanks to its proximity to the Rocky Mountains.
• Cultural Amenities: The city boasts a thriving arts scene, numerous museums, and a variety of cultural festivals throughout the year.
• Community and Diversity: The population is diverse, contributing to a rich cultural tapestry and a welcoming community atmosphere.

Access to Healthcare

• Healthcare Facilities: The city is home to several top-rated hospitals and healthcare providers, ensuring access to excellent medical services.
• Healthcare Costs: Overall healthcare costs are slightly above the national average, but the quality of services often offsets the higher price point.

Quality of K-12 Schools

• Public School System: Denver Public Schools provide a varied quality of education, with some schools excelling in national rankings. It's key for families to research individual schools for performance metrics.
• Private Education: There are numerous private and charter schools offering alternative education options