Is Denver expensive to live in?
Median income: $78,177. Median rent: $1,495. Median home price: $459,100.
Relocation guide · Colorado
Denver, CO city guide. Population is 706,799. Median household income is $78,177. Median rent is $1,495.
Median Rent
$1,495/mo
Median Income
$78,177
State Tax
4.4%
Population
706,799
Cost of living
Median income: $78,177. Median rent: $1,495. Median home price: $459,100.
Median Rent/mo
$1,495
Median Home Price
$459,100
Median Income
$78,177
Rent-to-Income
23%
Taxes
State tax rate: 4.4%. Local tax rate: 0%.
State Income Tax
4.40%
Local Tax Rate
0.00%
Climate
Average high: 56.19°F. Average low: 51.3°F. Annual rainfall: 0 inches. Sunny days: 0.
Avg High Temp
56.19°F
Avg Low Temp
51.3°F
Sunny Days/yr
0
Annual Rainfall
N/A
Relocation checklist
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Median income: $78,177. Median rent: $1,495. Median home price: $459,100.
The median rent in Denver is $1,495/month. Median home price is $459,100. Many newcomers rent for the first year to learn the neighborhoods before buying.
State tax rate: 4.4%. Local tax rate: 0%.
Denver, CO city guide. Population is 706,799. Median household income is $78,177. Median rent is $1,495.
Research neighborhoods carefully — Denver has significant variation in cost and lifestyle by area.
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Updated 2026.