Cost of Living in Denver, CO

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

158.2

100 = national avg

+58.2 vs national average

Living Wage (1 Adult)

$69,607

per year

Living Wage (Family of 4)

$164,525

per year

Cost Index by Category

Housing
222.1
Food
120.1
Transportation
108.0
Healthcare
116.1
Utilities
136.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,754

per month

2 Bedroom

$2,089

per month

The overall cost of living index in Denver is 158.2, which is 58.2% above the national average. Housing costs are above the national average at an index of 222.1. A single adult needs to earn approximately $69,607 per year to cover basic expenses.