Quality of Life in Denver, CO on a $153,510 Annual Salary

Cost of Living

• Above National Average: Denver's cost of living is higher than the national average, largely due to housing costs, transportation, and overall expenses.
• Income vs. Expenses: With an annual salary of $153,510, an individual or family can comfortably cover higher living expenses compared to the U.S. median income.
• Utilities and Groceries: While housing is expensive, other costs like utilities and groceries are slightly above average but manageable with this income level.

Housing Market

• High Housing Costs: The median home price in Denver significantly surpasses the national average, making home ownership more challenging.
• Competitive Market: The housing market is competitive, with demand exceeding supply, which can drive prices even higher.
• Affordability with Income: With a $153,510 salary, purchasing a home is feasible, although options might be limited to certain neighborhoods unless considering a higher mortgage or down payment.

Quality of Life

• Outdoor Recreation: Proximity to the Rocky Mountains provides plentiful opportunities for outdoor activities year-round.
• Cultural Amenities: Denver boasts a vibrant cultural scene with museums, theaters, and music venues, enhancing life quality for residents.
• Livability: The city offers a strong job market, though traffic congestion can detract from the overall livability score.

Access to Healthcare

• Healthcare Facilities: Denver offers high-quality healthcare services with several reputable hospitals and specialized clinics.
• Insurance Cost: Health insurance premiums might be high, but they are generally covered or offset by employer benefits for higher-income earners.
• Medical Accessibility: The city's healthcare system is accessible, with relatively short wait times compared to other large cities.

Quality of K-12 Schools

• Varied School Ratings: Denver's schools range from highly rated institutions to those needing improvement, creating a diverse educational landscape.
• Public vs. Private: Higher income allows for exploration of private schooling options if preferred over public schools.
• Extracurricular Opportunities: Schools in Denver often offer a variety of extracurricular programs, contributing to a well-rounded education.

Assessment

• With an annual salary of $153,510, living in Denver can offer a high quality of life, provided individuals or families carefully manage the costs associated with housing and living expenses. Access to outdoor