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Denver-Aurora-Centennial cost of living

Prices in the Denver-Aurora-Centennial, CO metro area run at 105.8 against a national average of 100, ranking it #24 of 387 metros. Rents there sit at 146.9.

Colorado

All items 105.8 #24 of 387 metros
Rents 146.9 national average 100
Median wage $61,110 BLS metro survey
Worth nationally $57,760 same wage, adjusted

What drives the number

Prices in Denver-Aurora-Centennial run at 105.8 where the national average is 100, so about 5.8 per cent above the country as a whole. It ranks #24 of 387 metro areas. Against Colorado as a whole it is 2.7 points more expensive, which is the usual direction: cities cost more than the states around them.

Housing is doing nearly all of the work. Rents sit at 146.9 while goods sit at 101.0, a gap of 41.1 points between what it costs to live somewhere and what it costs to buy things. Someone who could reduce their housing cost here, by living further out or with fewer rooms, would remove most of the premium.

Comparing a job here against one elsewhere on the headline salary alone will mislead by roughly 5.8 per cent. Adjusting by the parity fixes that.

All items 105.8
Goods 101.0
Rents 146.9
Other services 87.9

The vertical line is the national average of 100. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, SARPP, 2024.

Salaries in Denver-Aurora-Centennial

What the biggest local jobs are really worth

The same pay buys different amounts in different places, so a salary quoted in Denver-Aurora-Centennial is not comparable to one quoted elsewhere until it is divided by the local parity. These are the occupations that employ the most people here, with the quoted median alongside what that median is worth at national prices.

Largest occupations in Denver-Aurora-Centennial, quoted and price-adjusted
Occupation Employed Median pay Worth nationally U.S. median
Fast Food and Counter Workers 42,620 $36,310 $34,319 $30,480
Retail Salespersons 39,120 $37,500 $35,444 $34,580
Stockers and Order Fillers 33,420 $41,600 $39,319 $37,090
Software Developers 31,190 $134,120 $126,767 $133,080
Registered Nurses 29,570 $98,500 $93,100 $93,600
Business Operations Specialists, All Other 28,300 $93,200 $88,091 $81,270
Customer Service Representatives 28,040 $47,310 $44,716 $42,830
Cashiers 26,070 $36,270 $34,282 $31,190

Pay from the BLS metro survey, adjusted by dividing by the metro parity of 105.8.

Nearby metro areas

Other metros in the same states
Metro area All items Rents Rank
Boulder 105.2 157.0 #29
Fort Collins-Loveland 101.1 120.6 #65
Colorado Springs 100.7 116.2 #75
Greeley 100.2 112.6 #85
Grand Junction 95.5 86.4 #157
Pueblo 91.8 71.3 #251

Denver-Aurora-Centennial: common questions

Is Denver-Aurora-Centennial expensive?

Prices are 5.8% above the national average, a parity of 105.8 where the country is 100. It ranks #24 of the 387 metro areas BEA measures. Against Colorado as a whole it is 2.7 points more expensive.

What salary do you need in Denver-Aurora-Centennial?

The median worker there earns $61,110, which buys what $57,760 buys nationally once local prices are taken into account. Comparing a salary offer between cities without this adjustment is comparing nothing useful.

Is housing the reason?

Usually. Rents here are at 146.9 against goods at 101.0. Goods barely vary between American cities because most are shipped and priced nationally; housing varies enormously, and it dominates any cost of living comparison.