Cost of living in Denver, CO
3,092,037 people (Census 2025 estimate). Overall prices are 5.8% above the US average, with housing at 146.9 on BEA’s index (US = 100). A single renter on $60,000 keeps $557 a month after 2026 taxes and modeled costs.
Typical household budgets in Denver, CO
Computed by MoveMath’s engine with 2026 tax law, HUD Fair Market Rent for the bedrooms each household needs, DOL 2022 childcare prices for Denver County, CO in current dollars, USDA Moderate-Cost food, one car per adult and $1,000 a month of other spending at US-average prices scaled by local price levels.
| Per month | Single, $60k | Couple + toddler, $110k | Family of four, $105,762 |
|---|---|---|---|
| Gross income | $5,000 | $9,167 | $8,814 |
| Taxes | $990 | $1,592 | $1,322 |
| Take-home pay | $4,010 | $7,575 | $7,492 |
| Housing | $1,831 | $2,169 | $2,169 |
| Childcare | $0 | $1,983 | $2,606 |
| Food | $445 | $998 | $1,295 |
| Transportation | $161 | $322 | $322 |
| Sales tax | $15 | $15 | $15 |
| Other goods & services | $1,002 | $1,002 | $1,002 |
| Left over | $557 | $1,087 | $83 |
Family of four = two adults, a preschooler and a school-age child at the metro’s median household income ($105,762). Click a column to open it in the budget planner and change any input.
Price levels: Denver, CO vs Colorado and the US
BEA Regional Price Parities, 2024. 100 = US average; bars compare the metro (dark) with Colorado statewide (light).
Within Colorado, Denver, CO ranks 1st of 7 metros on overall prices; the state as a whole is at 103.1. The dashed line marks the US average.
Rent and homeownership
| Unit | HUD Fair Market Rent | Income needed at 30% | Share of median income |
|---|---|---|---|
| Studio | $1,751 | $70,040 | 19.9% |
| 1-bedroom | $1,831 | $73,240 | 20.8% |
| 2-bedroom | $2,169 | $86,760 | 24.6% |
| 3-bedroom | $2,846 | $113,840 | 32.3% |
| 4-bedroom | $3,183 | $127,320 | 36.1% |
FY2027 FMRs for Denver-Aurora-Centennial, CO MSA: 40th-percentile gross rent (rent + tenant-paid utilities) for standard-quality units. Census median gross rent, all unit sizes: $1,874 (ACS 2020-2024).
Childcare prices in Denver County, CO
| Age band | Center, weekly (2022) | Center, yearly today* | Home-based, weekly (2022) | Home-based, yearly today* |
|---|---|---|---|---|
| Infant (under 2) | $430 | $27,330 | $223 | $14,184 |
| Toddler (2) | $374 | $23,799 | $219 | $13,927 |
| Preschool (3–4) | $332 | $21,104 | $219 | $13,927 |
| School-age (5–12) | $160 | $10,170 | $180 | $11,432 |
DOL National Database of Childcare Prices, 2022 county medians for full-time care in Denver County, CO (the metro’s principal county). *52 weeks × 1.2224, the BLS CPI change for day care and preschool from the 2022 average to 2026-08.
Taxes: what you keep in Denver
| Single filer, 2026 | $50,000 | $75,000 | $120,000 |
|---|---|---|---|
| Federal income tax | $3,820 | $7,670 | $17,570 |
| Social Security + Medicare | $3,825 | $5,738 | $9,180 |
| Colorado income tax | $1,492 | $2,592 | $4,572 |
| Colorado payroll taxes | $220 | $330 | $528 |
| Local income tax (Denver) | $69 | $69 | $69 |
| Take-home pay / month | $3,381 | $4,883 | $7,340 |
| Share of pay to taxes | 18.9% | 21.9% | 26.6% |
Mandatory local income tax for residents of Denver. State sales tax: 2.9% (state rate only; local rates add on), groceries exempt.
Energy and fuel
EIA: electricity 2025, natural gas 2024, gasoline week ending 2026-10-05. Renters’ utilities are already inside gross rent.
Nearby metros
| Metro | Distance | Price level | 2-BR FMR | Single $60k left over |
|---|---|---|---|---|
| Denver, CO | — | 105.8 | $2,169 | $557 |
| Boulder, CO · compare | 27 mi | 105.2 | $2,033 | $704 (+$147) |
| Greeley, CO · compare | 46 mi | 100.2 | $1,647 | $1,132 (+$575) |
| Fort Collins, CO · compare | 55 mi | 101.1 | $1,759 | $850 (+$293) |
| Colorado Springs, CO · compare | 62 mi | 100.7 | $1,621 | $1,059 (+$502) |
| Cheyenne, WY · compare | 95 mi | 96.5 | $1,228 | $1,641 (+$1,084) |
| Pueblo, CO · compare | 104 mi | 91.8 | $1,263 | $1,461 (+$904) |
Common moves to and from Denver, CO
Census ACS metro-to-metro migration flows (ACS 5-year 2016-2020), people who moved in a year.
- Colorado Springs, CO11,768
- Boulder, CO10,998
- Fort Collins, CO8,289
- Greeley, CO7,785
- Phoenix, AZ3,789
- Boulder, CO10,768
- Colorado Springs, CO8,332
- Chicago, IL-IN4,660
- New York, NY-NJ4,630
- Fort Collins, CO4,451
- Los Angeles, CA3,833
- Washington, DC-VA-MD-WV3,419
- Greeley, CO3,334
Frequently asked questions
Is Denver, CO expensive to live in?+
BEA’s Regional Price Parities put overall prices in the Denver, CO metro at 105.8 (US = 100) in 2024 — 5.8% above the national average and the 24th highest of 387 metros. Housing is 146.9, goods 101.0.
What salary do you need to live in Denver, CO?+
A single renter earning $60,000 keeps $4,010 a month after 2026 taxes and has $557 left after rent at HUD Fair Market Rent, food, fuel, sales tax and other modeled costs. Use the cost of living calculator to find the salary that matches your current budget.
How much is rent in Denver, CO?+
HUD’s FY2027 Fair Market Rent — the 40th-percentile gross rent including utilities — is $1,831 for a 1-bedroom and $2,169 for a 2-bedroom. The Census median gross rent for all units is $1,874.
Does Denver have a local income tax?+
Mandatory local income tax for residents of Denver. On $75,000 a single filer would owe about $69 a year in local tax under our 2026 data.