Quality of Life in Denver, CO on a $217,090 Annual Income

Overview

Denver, Colorado, offers a unique blend of urban living nestled within stunning natural landscapes. With an annual income of $217,090, residents can enjoy a high standard of living, though the cost of residing in Denver is slightly above the national average.

Cost of Living

• Overall Expenses: The cost of living in Denver is approximately 12% higher than the national average.
• Housing: One of the most significant expenses in Denver, with home prices well above the national median.
• Utilities and Groceries: These costs are modestly above the U.S. average, contributing to the overall higher expenses.
• Transportation: Costs are on par with the national average, with good options for public transit and commuting.

Housing Market

• Median Home Price: As of late 2023, Denver's median home price is about $630,000, considerably higher than the national median of approximately $400,000.
• Rental Costs: Renting can also be expensive, with average monthly rates for a two-bedroom apartment nearing $2,000.
• Market Trend: The housing market remains competitive, driven by demand in a thriving city that blends urban and mountainous allure.

Quality of Life

• Outdoor Activities: Abundant opportunities for hiking, skiing, and outdoor recreation, enhancing the lifestyle for those who appreciate nature.
• Culture and Dining: A vibrant arts scene and diverse dining options offer enriching urban experiences.
• Safety: Relatively low crime rates in residential areas contribute to a secure living environment.

Access to Healthcare

• Healthcare Facilities: Denver boasts top-tier hospitals and medical centers, providing quality care and specialty services.
• Insurance and Costs: While healthcare costs might be higher, a high income offsets some out-of-pocket expenses, ensuring access to excellent medical care.

Quality of K-12 Schools

• Public Schools: Wide range of quality public schools, with some districts offering above-average educational opportunities.
• Private and Charter Schools: Options for specialized curricula and smaller class sizes are available through private and charter institutions.
• Educational Attainment: Generally high levels of literacy and educational success, influenced by community investment in education.

Summary

Living in Denver, CO, with an income of $217,090 provides a comfortable lifestyle, though expenses