US Pricing Dataset
Cost of Living in Denver, CO: 2026 Price Guide
Published 01/25/2026
Quick Verdict
💰 Salary Needed to Live Here: You need to earn at least $68,000 to live comfortably in Denver. Rent takes up ~34% of income.
| Category | Monthly Cost | Notes |
|---|---|---|
| Rent (1-Bed Downtown) | $2,350.00 | High demand near LoDo and Union Station |
| Rent (1-Bed Suburbs) | $1,650.00 | Cheaper areas like Aurora |
| Groceries (Monthly) | $470.00 | Based on USDA Moderate Plan |
| Utilities (Average) | $205.00 | Includes Xcel Energy rates |
| Internet (Fiber) | $70.00 | Standard 500Mbps plan |
| TOTAL | $4,745.00 | Estimated monthly total |
1. Housing Market: Denver vs. Suburbs
Rent prices in Denver have stabilized in 2026.
- The Premium Areas: Living in LoDo or RiNo commands a premium, with 1-bedrooms averaging $2,350.
- The Budget Move: By moving 20 minutes out to Aurora, you can drop your rent to $1,650. This is the most common strategy for young professionals here.
2. Utility Costs & Winter Heat
Residents often underestimate the cost of heating in Denver.
- Peak Season: In January, bills from Xcel Energy can spike to $260.
- Water/Trash: Usually adds another $50/month to your bill.
3. Transportation: Car vs. Public Transit
Denver is a car-dependent city with growing transit use.
- Car Insurance: Drivers in Colorado pay approximately $175 per month due to hail risk and winter conditions.
- Public Transit: The RTD system is reliable on core lines. A monthly pass costs $114.
4. Food & Entertainment
- Groceries: Expect to spend $470 per month shopping at chains like King Soopers and Safeway.
- Dining Out: A dinner for two in LoHi typically runs $60-$80.
FAQ: Living in Denver
Q: Is Denver expensive for singles? A: Compared to Salt Lake City, it is more expensive. A single person needs roughly $3,400 post-tax.
Q: What is the main hidden cost? A: Winter tires and higher heating bills.