Quality of Life in Denver, CO on a $190,570 Annual Income

Summary of Cost of Living

• Cost of Living Index: Denver's cost of living index is slightly higher than the national average. This means residents may pay more for basic necessities such as groceries, utilities, and healthcare.
• Comparison to National Average: While everyday expenses are elevated, individuals with an annual income of $190,570 are well-positioned to comfortably afford the city's costs.

Housing Market

• Median Home Price: Denver's housing market is known for being competitive, with a median home price significantly higher than the national average.
• Affordability: With an income of $190,570, purchasing a property in Denver is attainable, though careful financial planning is recommended considering the high property values.

Quality of Life

• Lifestyle and Recreation: Denver offers an active lifestyle, with easy access to outdoor activities such as hiking, skiing, and biking, contributing to a high quality of life.
• Cultural Scene: The city boasts a vibrant cultural landscape, including museums, live music venues, and an array of restaurants, providing abundant entertainment and leisure options.

Access to Healthcare

• Healthcare Availability: Denver has numerous quality healthcare facilities, including top-rated hospitals and specialized medical centers.
• Healthcare Costs: While healthcare in Denver can be more expensive than in other areas, a substantial income allows for manageable healthcare spending.

Quality of K-12 Schools

• Educational Opportunities: Denver offers a variety of strong public and private K-12 schools, with several institutions recognized for high academic performance.
• School Ratings: Many of the city's schools score above average in national assessments, providing quality education for families residing in the area.

Overall Assessment

Living in Denver on a $190,570 annual salary provides a robust quality of life, given the city's thriving economy and vibrant lifestyle opportunities. While the cost of living and housing market can be high, this income accommodates these expenses, ensuring access to excellent healthcare and education resources, along with ample recreation and cultural activities.