How much does it cost to live in Denver?

Typical monthly costs in Denver are approximately $1,800 in rent and $1,750 in other expenses, totalling around $3,550/month.

How much should I save in Denver?

Based on BLS Consumer Expenditure Survey 2023, people at mid-range incomes in United States typically save 12–20% of gross income. In a high cost city like Denver, housing costs can reduce this, particularly for renters.

Denver · USD · high cost city

Cost of living in Denver — is your salary enough?

Denver median rent rose to $1,800/month post-pandemic, ending its reputation as an affordable western city. Denver earners at mid-income levels are now in line with national benchmarks rather than ahead, as in prior years.

Rent in Denver

Budget$1,400 – $1,600/mo

Typical$1,800 – $2,050/mo

Premium$2,300+/mo

Other monthly costs

Food, transport, bills, going out~$1,750/mo

Total typical monthly spend~$3,550/mo

How different incomes stack up

At typical Denver costs ($1,800 rent)

$40,000 – $55,000→ saving -15%

Critical

$55,000 – $75,000→ saving 7.7%

Under-Saving

$75,000 – $100,000→ saving 31.4%

Ahead

See your personal verdict for Denver

Country

Annual income (gross)$65,000

$20,000$235,000$450,000+

Monthly rent or mortgage$1,800/mo

$0$4,000$8,000+

Other monthly expenses

Food, transport, subscriptions, going out — everything except rent

$1,750/mo

$0$3,750$7,500+

Age (optional — improves benchmark)

Do you invest regularly? (optional)

No signup required. Results are instant and private.

Cost figures are estimates based on reported median rents and typical spending patterns. Savings benchmarks from BLS Consumer Expenditure Survey 2023. Figures in USD.

Check your savings rate in Denver →

Compare nearby cities

Austin Chicago Seattle

Also in the Verdict suite

SalaryVerdict — Is your Denver salary competitive?SpendVerdict — Is your Denver rent too high?