Quality of Life in Denver, CO on a $170,340 Salary

Cost of Living

• Overall Cost: The cost of living in Denver exceeds the national average, attributed largely to housing and utilities. However, a $170,340 salary is significantly above the city’s median household income, providing a substantial cushion.
• Groceries & Dining: Food expenses are slightly higher than the national average, with diverse dining options contributing to potential increased spending.
• Transportation & Utilities: Costs for public transport and utilities align closely with nationwide averages.

Housing Market

• Home Prices: Denver's housing market is competitive, with median home prices considerably higher than the national average. As of recent reports, costs hover around $600,000.
• Affordability: With a salary of $170,340, affording a home within or near the city is feasible, albeit requiring prudent financial management.
• Rental Market: Renting remains an option, though high demand drives rental prices above average.

Quality of Life

• Outdoor Activities: Denver boasts a high quality of life aided by abundant open spaces, recreational opportunities, and a vibrant cultural scene.
• Urban Vs. Suburban Living: While urban living offers convenience and excitement, suburban areas may provide more affordability and space.

Access to Healthcare

• Quality & Availability: Healthcare in Denver is reputed to be high quality, with multiple top-ranked hospitals and healthcare facilities.
• Cost: Medical expenses are slightly above the national average, but a significant income aids in managing these costs.

Quality of K-12 Schools

• Public Schools: The quality of K-12 education varies, with several highly rated schools and some underperforming ones, reflective of wider socioeconomic disparities.
• Private Education: Numerous private schools offer alternative options, often at a premium price.

Assessment of Living in Denver

Living in Denver with an annual income of $170,340 enables a comfortable lifestyle with the ability to enjoy the city's amenities and outdoor beauty. While housing costs present a challenge, they are manageable with this level of income. The city's appealing mix of urban and outdoor life, coupled with its decent healthcare system and educational options, makes it an attractive place for individuals and families.