Living in Denver, CO on $141,100 Per Year

Understanding how the quality of life in Denver compares to the broader United States requires examining various factors, including cost of living, housing market, healthcare access, and K-12 school quality. Here’s a comprehensive look at life in Denver on an income of $141,100 per year.

Cost of Living

• Cost of Living Index: Denver’s cost of living index is higher than the national average. While the national average is indexed at 100, Denver scores around 128.
• Everyday Expenses: Housing significantly impacts expenses. However, groceries, utilities, and transportation costs are also higher than the national average.
• Entertainment and Eating Out: There is a vibrant cultural scene and dining options in Denver, although they are often pricier than in smaller cities.

Housing Market

• Home Prices: As of recent statistics, the median home price in Denver sits around $650,000. This is significantly higher than the national median price, which hovers around $375,000.
• Renting vs. Buying: While purchasing a home may be challenging, renting can be a viable option. Median rents for a one-bedroom apartment are around $1,500, again pricing above the national average.
• Market Trends: The housing market in Denver is competitive, with demand frequently outweighing supply, contributing to high pricing.

Quality of Life

• Outdoor Activities: Denver offers excellent quality of life enhancements with its proximity to outdoor recreation such as hiking, skiing, and mountain biking.
• Climate: Known for its sunny weather, Denver enjoys numerous sunny days per year, contributing to a high quality of life.
• Public Transport: The city offers decent public transport options, though many residents prefer driving due to the convenience offered.

Access to Healthcare

• Healthcare Facilities: Denver has reputable healthcare facilities and hospitals; however, the healthcare costs are above the national average.
• Healthcare Ratings: High ratings from healthcare institutions bolster confidence but may require higher premiums or out-of-pocket expenses.

Quality of K-12 Schools

• School System: The quality of schools in Denver is varied, with some schools excelling while others face challenges.
• Educational Opportunities: Parents have access to both public and reputable private school options. Performance and resource availability often depend on specific districts.

Summary of Assessment

Living in