Denver, CO cost of living
CO · BLS RPP 108.6
Overall RPP
108.6
US = 100
Housing RPP
124.3
Housing component
Goods RPP
102.1
Goods component
2-BR Rent (HUD)
$1,840/mo
FY2024 FMR
What salary do you need in Denver, CO?
Equivalent salary to maintain the same purchasing power as in a US-average city (RPP 100).
| In US-average city | You need in Denver, CO | Formula |
|---|---|---|
| $50,000 | $54,300 | $50,000 x (108.6/100) |
| $75,000 | $81,450 | $75,000 x (108.6/100) |
| $100,000 | $108,600 | $100,000 x (108.6/100) |
| $125,000 | $135,750 | $125,000 x (108.6/100) |
| $150,000 | $162,900 | $150,000 x (108.6/100) |
| $200,000 | $217,200 | $200,000 x (108.6/100) |
This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.
State income tax note
Colorado flat income tax 4.4%. Denver city tax 2.25% on wages.
Frequently asked questions
- What is the cost of living in Denver, CO?
- Denver, CO has a BLS Regional Price Parity of 108.6 (US average = 100). It is 8.6% more expensive than the national average.
- What salary do I need to live in Denver, CO?
- If you earn $100,000 in a US-average city (RPP 100), you would need approximately $108,600 in Denver, CO to maintain the same purchasing power.
- What is the average rent in Denver, CO?
- The HUD Fair Market Rent for a 2-bedroom in Denver, CO is approximately $1,840 per month as of FY2024.
Compare with other cities
Buying a home in Denver, CO? See closing costs at TallyClose.