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Cost of Living in Denver, Colorado

Denver, Colorado, is a popular destination for people looking to experience the beauty of the Rocky Mountains, enjoy outdoor activities, and explore a vibrant and growing city. However, the cost of living in Denver can be high compared to other cities in the United States. In this blog post, we’ll explore the cost of living in Denver and what you can expect if you decide to make this city your home.

Housing

The cost of housing in Denver is one of the biggest factors in the city’s high cost of living. According to Numbeo, the average monthly rent for a one-bedroom apartment in Denver is around $1,500, and the average monthly rent for a two-bedroom apartment is around $2,200. However, the cost of housing can vary significantly depending on the neighborhood, with some areas being much more expensive than others.

Food and Groceries

Food and grocery costs in Denver are generally in line with national averages. According to Numbeo, a basic lunchtime meal in Denver will cost around $15, while a meal for two at a mid-range restaurant will cost around $70. The cost of groceries in Denver is also generally in line with national averages, with a gallon of milk costing around $3.50 and a loaf of bread costing around $2.50.

Transportation

Denver has a relatively extensive public transportation system, with buses and light rail trains serving much of the city. The cost of a one-way fare on the bus or light rail is $3.00, while a monthly pass costs $104.00. The cost of gas in Denver is generally in line with national averages, with the average price of a gallon of gas currently around $3.25.

Utilities

The cost of utilities in Denver can vary depending on the size of your home and your energy usage. According to Numbeo, the average monthly cost of basic utilities for a 915-square-foot apartment in Denver is around $148.00. Internet and cable TV services are also available in Denver, with prices varying depending on the provider and the package selected.

Overall, the cost of living in Denver is higher than in many other cities in the United States, particularly regarding housing costs. However, the city’s vibrant culture, beautiful scenery, and access to outdoor activities make it a popular destination for people looking for a high quality of life. If you’re considering moving to Denver, it’s important to carefully consider your budget and ensure you can afford the cost of living in this dynamic and exciting city.