Quick answer
The average 1-bedroom rent in Denver is $1,740/month and the median home price is $565K. Monthly utilities average $145 and groceries run about $370/month per person.
City Guide · CO
Cost of Living in Denver, CO (2026)
Denver offers 300+ days of sunshine, immediate access to world-class skiing and hiking, and a booming craft beer and food scene. The city has transformed from a cow town to a tech and outdoor-industry hub. Winters are mild compared to East Coast cities, and the mountain lifestyle draws health-conscious, active residents.
Last updated: April 15, 2026
Denver Cost of Living at a Glance
1BR Monthly Rent
$1,740
avg/month
2BR Monthly Rent
$2,250
avg/month
Median Home Price
$565K
as of 2025
Avg Utilities
$145
per month
Avg Groceries
$370
per person/month
Walk Score
61/100
Transit: 44/100
Compared to US national average
1BR rent: +16% vs. national avg ($1,500)
Home price: +35% vs. national avg ($420K)
Best Neighborhoods in Denver
Capitol Hill
Dense, walkable, diverse — classic urban Denver
RiNo (River North)
Galleries, breweries, converted warehouses — fast-gentrifying
Washington Park
Park-centric, family-friendly, beautiful bungalows
LoDo
Downtown, loft living, restaurant row, sports venues
Cherry Creek
Upscale shopping, walkable to restaurants, affluent feel
Frequently Asked Questions
Is Denver expensive to live in 2025?
Denver sits slightly above the national average. A 1BR averages $1,740/month. The no-sales-tax-on-groceries policy helps offset food costs for residents.
What is the average rent in Denver?
Studio apartments average $1,450, 1BRs around $1,740, and 2BRs around $2,250 as of 2025. Prices vary significantly by neighborhood.
Is Denver good for families?
Yes — neighborhoods like Washington Park, Stapleton, and Highlands Ranch offer excellent schools, parks, and family-friendly amenities.
Ready to make Denver feel like home?
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