Cost of Living in Denver, CO

Population: 713,734 • 2026 Data

$91,681
Median Household Income
+18% vs national
$1,770
Median Monthly Rent
+31% vs national
$586,700
Median Home Value
+73% vs national
4.6%
Unemployment Rate

Housing in Denver

The median home value in Denver, CO is $586,700. Monthly rent for a typical unit averages $1,770, while total monthly housing costs (including utilities and insurance) average $1,839.

Rent-to-income ratio: 23.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Denver, CO is $91,681. The unemployment rate stands at 4.6%, with a labor force of 443,076 people.

Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.

Verify at data.census.gov