Quality of Life in Denver, CO with an Annual Income of $179,860

Summary of Cost of Living

• High Cost of Living: Denver's cost of living is higher than the national average, largely due to housing, transportation, and healthcare costs.
• Income Benchmark: With an income of $179,860, an individual is well-positioned to comfortably afford the living expenses in Denver.

Housing Market

• Housing Prices: The median home price in Denver is significantly above the national median, making it a competitive market for buyers.
• Affordability: With a salary of $179,860, purchasing a home is more feasible compared to average income earners, though the market remains competitive.
• Renting vs. Buying: Renting can be a viable option, with rental costs also above the national average but manageable on this salary.

Quality of Life

• Outdoor Lifestyle: Denver offers a high quality of life with access to outdoor recreation, numerous parks, and a vibrant cultural scene.
• Job Market: The city has a strong job market, especially in sectors like technology, healthcare, and finance, offering job security and career growth potential.
• Public Services: The city provides a good range of public services, contributing to a high-quality living environment.

Access to Healthcare

• Healthcare Facilities: Denver has a robust healthcare infrastructure with numerous high-quality hospitals and medical centers.
• Healthcare Costs: Though healthcare services are excellent, costs can be higher than the national average, which should be considered in budgeting.

Quality of K-12 Schools

• Public Schools: The Denver public school system provides a range of educational opportunities, though quality varies by neighborhood.
• Private Schools: For families preferring private education, there are several well-regarded private and charter schools in the area.
• Educational Expenses: While public education is generally affordable, private and extra-curricular options can add to living costs.

In summary, an individual earning $179,860 annually in Denver can expect a high quality of life with the ability to afford housing, healthcare, and access to quality education amid a higher cost of living compared to the national average. The city provides ample opportunities for outdoor activities and professional growth, making it an attractive place for both individuals and families.