Savings rate in Denver — are you on track?
Denver is a high cost city. 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.
Median rent
$1,800/mo
Denver 2023
Typical other costs
$1,750/mo
excl. housing
Savings benchmark
7–20%
mid-income USD
Pre-set for Denver — adjust to your situation
What a good savings rate looks like in Denver
Using data from BLS Consumer Expenditure Survey 2023, people at mid-range incomes in United States typically save between 7–20% of gross income. In a high cost city like Denver, housing costs can compress that meaningfully — especially for renters.
Source: BLS Consumer Expenditure Survey 2023. Benchmarks shown for mid-income earners in United States.
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