Quality of Life in Denver, CO for an Individual Earning $172,635 Annually

Cost of Living

• Overall Expenses: Denver has a higher cost of living compared to the national average. However, with an income of $172,635, an individual can comfortably manage expenses.
• Groceries and Dining: Costs for food and dining in Denver are somewhat above the national average, but manageable with this income.
• Transportation: While transportation costs are higher due to increased fuel and public transportation expenses, they remain affordable for someone with this income level.

Housing Market

• Home Prices: As of the latest data, the median home price in Denver is significantly higher than the national average, reflecting a competitive housing market.
• Renting vs. Buying: While buying a home may be challenging due to high demand and prices, renting can be a viable option. However, renters should also expect above-average rental rates.
• Affordability: The income level of $172,635 allows for comfortable housing expenses, whether renting or purchasing.

Quality of Life

• Recreation and Lifestyle: Denver offers a vibrant lifestyle with access to outdoor activities, cultural venues, and entertainment that enrich quality of life.
• Community and Social Life: The city is known for its friendly and active community spirit, offering numerous social engagement opportunities.

Access to Healthcare

• Healthcare Quality: Denver provides access to quality healthcare facilities, with several top-ranked hospitals and specialized centers.
• Healthcare Costs: While healthcare services are of good quality, they tend to be on the pricier side compared to the national average.

Quality of K-12 Schools

• Public Schools: The public school system in Denver offers a good range of educational opportunities with some schools rated above average.
• Private and Charter Schools: There are several outstanding private and charter schools available for families seeking alternative education options.

Summary

Living in Denver, CO, with an income of $172,635 provides a high quality of life despite a higher-than-average cost of living and housing expenses. With access to quality healthcare and good K-12 education, as well as abundant lifestyle and recreational opportunities, residents can enjoy a well-rounded life in this vibrant city.