Quality of Life in Denver, CO

Overview of Income

• Annual salary: $121,550
• Comparison to national median income: Above average
• Provides a comfortable lifestyle given the local cost of living

Cost of Living

• Comparison to the National Average:
  • Overall cost of living in Denver is higher than the national average.
• Key Expenses:
  • Groceries: Slightly above the national average
  • Utilities: Comparable to the national average
  • Transportation: Above average due to fuel and vehicle expenses
  • Healthcare: Generally higher than national norms

Housing Market

• Home Prices:
  • Median home price in Denver is significantly above the national median.
  • High demand and competitive market contribute to elevated prices.
• Renting vs. Buying:
  • Renting may be more feasible for individuals not looking to commit to high mortgage payments.
  • Rental prices are also higher than the national average.

Quality of Life

• Recreational Opportunities:
  • Proximity to the Rocky Mountains offers outdoor activities like hiking, skiing, and biking.
  • Vibrant urban culture with a strong arts scene, diverse dining, and local breweries.
• Community and Lifestyle:
  • Offers a blend of metropolitan and natural attractions.
  • Generally perceived as a friendly and laid-back environment.

Access to Healthcare

• Availability:
  • Quality healthcare facilities and hospitals readily available.
• Healthcare Access:
  • Some may face higher premiums and out-of-pocket expenses compared to other regions.

Quality of K-12 Schools

• Public Schools:
  • Wide range of quality with some schools ranked highly both regionally and nationally.
• Private Education:
  • Numerous private and charter school options providing competitive educational alternatives.

Summary

Living in Denver, CO, on an annual income of $121,550 offers a relatively high quality of life compared to broader U.S. standards. While the cost of living and housing market are higher than national averages, this income allows for comfortable living with access to excellent outdoor activities and a vibrant city culture. However, potential residents should consider the implications of healthcare costs and education choices, which can significantly affect overall living conditions.