Cost of Living in Denver
Median income in Denver is $60,000/year ($5,000/month). Here is how to budget every dollar.
Average Rent in Denver
$1,400
Studio
$1,700
1 Bedroom
$2,100
2 Bedrooms
Monthly Budget Breakdown: $5,000/month
How to allocate the median Denver income of $60,000/year after taxes.
Housing
$1,700
Food & Groceries
$500
Transportation
$350
Utilities
$180
Healthcare
$250
Entertainment
$300
Personal & Other
$250
Savings
$1,470
Total
$5,000
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Affordable Neighborhoods in Denver
Five Points and RiNo are trendy but still more affordable than LoDo
Lakewood and Wheat Ridge west of Denver offer suburban value with light rail access
Aurora has the most affordable rents in the metro with improving amenities
Money-Saving Tips for Denver
RTD monthly pass ($114) covers all buses and light rail across the metro
Take advantage of 300+ days of sunshine for free outdoor recreation
Shop at King Soopers and Sprouts for competitive grocery prices
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