Quality of Life in Denver, CO for an Income of $193,715

Living in Denver, Colorado, with an annual income of $193,715 offers a high quality of life, especially when considering the city's cost of living, housing market, and access to amenities. Here's an in-depth look at the key aspects that define life in Denver compared to the broader United States:

Cost of Living

• Overall Expenses: The cost of living in Denver is about 12% higher than the national average, with notable expenses in housing, groceries, and transportation.
• Groceries and Dining: Slightly above the national average, but the diverse dining options and local markets make it a culinary hub.
• Transportation: Costs are relatively high due to public transportation expenses and gas prices, though the city's walkability and cycling infrastructure can offset these.

Housing Market

• Home Prices: The median home price in Denver is significantly higher than the national average, making it a competitive real estate market.
  • Median home price in Denver: Around $500,000
  • Median home price in the U.S.: Approximately $400,000
• Rental Costs: Rent in Denver is higher than the national average, but options vary widely depending on the neighborhood and proximity to the city center.

Quality of Life

• Outdoor Activities: Access to the Rocky Mountains and numerous parks makes Denver ideal for outdoor enthusiasts, offering skiing, hiking, and cycling opportunities.
• Cultural Opportunities: A thriving arts scene, museums, and music venues enhance the cultural experience in the city.
• Climate: Denver enjoys a sunny, dry climate with distinct seasonal changes, appealing to those who love sunshine and outdoor seasons.

Access to Healthcare

• Healthcare Facilities: Denver boasts several top hospitals and healthcare facilities, with access to high-quality medical care.
• Healthcare Costs: While slightly higher than the national average, the quality and availability of care help justify these costs.

Quality of K-12 Schools

• Public School System: Denver's public schools vary in quality, with several highly rated institutions, though some schools face challenges typical of urban districts.
• Private and Charter Schools: Numerous private and charter school options provide alternatives to public schooling, often with specialized curricula and smaller class sizes.

Summary

Overall, an income of $193,715 in Denver, CO provides a comfortable lifestyle with access to high