Safety & Health Care in DenverĮvery city aims to protect its citizens’ health and safety, and Denver is no exception. Here’re the 10 Best Cities to Live in Oregon… 4. But it also has dense forests, mountain ranges, and high desert country. It has 363 miles of the most breathtaking coastline you’ll encounter anywhere in the world. For families who value space over the club scene, the suburbs (such as Aurora) offer lower-cost options and larger lots. Proximity to the downtown area will cost a premium but may draw those working in the central business district-especially with the extensive views from the city’s high-rises. Those whose tastes and means are at the high end will find opulent and unique homes in areas like South Park Hill, Lowry Field and Stapleton. The neighborhoods of East Colfax, Montbello and Windsor, for example, are more affordable, while Montclair, North Park Hill and Northeast Park Hill are mid-range. With continued population growth expected in the near future, many will find buying to be a great long-term investment.ĭenver’s many neighborhoods vary in affordability, meaning most new residents will find an area that fits. In the last decade, that price has more than doubled, so a mid-range home in Denver now costs around $400,000.įor a standard mortgage, that’s a payment around $1,800, compared to a median gross rent of approximately $1,400.00. In 2010, the Denver metro area’s median sale price was just under $200,000. While that means prices above the national index, it also means that plenty of people are finding home ownership here to be worth the cost. And Denver continues to draw new residents, especially young adults: Millennials (born between 19) now make up almost a quarter of the greater metro area, the largest percentage of any population group.Ģ0 Clever Ways to Increase the Value of Your HomeĪn increasing population means a high demand for housing in Denver, increasing the value of existing homes and properties. If the lifestyle is worth the price, people will come.
The best test of cost of living is whether people want to move to the area. Prices in the area are fairly average in the US a family of two working adults and two children could expect to spend about $10,000 per year on food, $13,000 on childcare, $7,000 on healthcare and $10,000 on transportation. Income tax rates are low the state of Colorado has a flat income tax rate of 4.5%. With a highly educated workforce, and a high proportion of two-earner households, most Denverites’ household incomes are well above the national average. That’s achievable for most people in Denver. One person working full-time in the Denver metro area would need to make around $13.87 per hour-about $28,851 per year before taxes-to cover living costs, according to MIT’s Living Wage Calculator. While it’s a popular and growing city, Denver has a lower cost of living than many cities of its size, including Washington, D.C., Seattle and Boston. Here’re the 10 most affordable places to live in Colorado, taking into account the cost of living, median housing price, average crime rate and other factors that make the place unique… 2. Given the outdoors benefits – the cost of living in Colorado is still one of the best values in the country. It’s a healthy city, too, frequently rating highly on measures of population health and fitness.ġ0 Most Affordable Places to Live in Colorado Public transportation is generally good and includes buses, commuter rail and light rail.Īnd thanks to its high-volume international airport, Denver benefits from ease of access, drawing business and recreational travelers. The population leans young, with a good nightlife, including lots of local breweries, music from indie rock to country, and an increasingly cutting-edge food scene. With its proximity to the Rocky Mountains and 300 days of sun per year, it invites all sorts of outdoor activities, from biking and hiking in the warmer months to downhill skiing in the winter. Denver is the largest city in Colorado, with around 716,000 residents in the city itself and almost 3 million in the metro area (including Aurora and Lakewood).ĭenver’s culture could be described as “city mountain west,” combining the best of urban excitement, the great outdoors, and western independence.