Quality of Life in Denver, CO on a $138,635 Salary
The quality of life in Denver, Colorado, for an individual earning $138,635 annually is influenced by several key factors. Here’s a detailed breakdown addressing the cost of living, housing market, general quality of life, access to healthcare, and the quality of K-12 schools compared to the broader United States.
Cost of Living
- Overall Cost: Denver's cost of living is slightly higher than the national average. This encompasses higher costs in housing, transportation, and some goods and services.
- Utilities and Groceries: While utilities and groceries may be comparable to national averages, they can fluctuate based on local demand and seasonal changes.
Housing Market
- Home Prices:
- The median home price in Denver is significantly above the national average, reflecting a strong housing market driven by demand.
- For renters, median rental costs are also higher than the national average, but they offer diverse options ranging from urban apartments to suburban homes.
- Property Taxes: These tend to be moderate compared to other metropolitan areas in the U.S., which can ease some of the financial burdens of homeownership.
Quality of Life
- Outdoor and Lifestyle Options:
- Denver offers a vibrant lifestyle with access to outdoor activities like skiing, hiking, and cycling.
- The city is rich in cultural amenities, including museums, theaters, and a thriving restaurant scene.
- Climate: Residents enjoy a favorable climate with over 300 days of sunshine annually, enhancing outdoor living opportunities.
Access to Healthcare
- Healthcare Facilities: Denver is home to several top-rated hospitals and healthcare facilities, providing a high standard of medical care.
- Health Insurance Costs: These can be above the national average, but the presence of multiple providers allows for competitive pricing and options.
Quality of K-12 Schools
- Public Schools: Denver offers a mix of highly-rated and average public schools, with some areas providing exceptional educational opportunities.
- Private and Charter Schools: There are numerous private and charter schools available, providing parents with diverse educational choices for their children.
Summary
Denver offers individuals earning $138,635 annually a comfortable lifestyle, despite the city's high housing costs. The vibrant cultural scene and access to outdoor activities and amenities contribute positively to the overall quality of life. While the cost of living is above the national average, Denver compensates with excellent healthcare and diverse educational opportunities,
