Cost of LivingUpdated 2026-11-11

Denver, Colorado

Living in Denver, Colorado is about 15% more expensive than the national average, with a cost of living index of 115 (US = 100). Typical rent is $1,900 a month, 2% below the national figure of $1,932, and regular gas costs $3.83 a gallon versus $3.98 nationally as of November 11, 2026. Rent, gas, groceries, electricity and car insurance take about 40% of the area's $91,681 median household income.

Key Numbers

Gas (Regular)

$3.83

National: $3.98

โ†‘ 192.2%since 2000
โœ“ AAA Gas Prices

Avg Rent (All)

$1,900

National: $1,932

โ†‘ 8.0%since 2021
โœ“ Zillow ZORI Denver, CO metro (2026-09)

Grocery Inflation

1.77%

Year-over-year

โœ“ BLS/FRED CPI

Fast Food Avg

$13.50

Combo meal

โ†‘ 4.0%YoY

Electricity

17.17ยข

per kWh ยท ~$155/mo

โ†“ 6.9%vs US avg
โœ“ EIA Residential

Car Insurance

$223/mo

$2,680/yr

โ†‘ 24.7%vs national avg
โœ“ Bankrate/NAIC

Median Household Income

$91,681

40.1% goes to essentials

โ†“ 40.1%cost burden
โœ“ Census ACS 2023
๐Ÿš—

Car Insurance

Avg $2,680 in Denver. Compare rates:

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Find Apartments

Avg rent $1,900/mo in Denver. Browse listings:

Browse listings โ†’Verified listings

Grocery Prices

Grocery Prices โ€” 2000 to Present

National BLS averages ยท submit local prices below โ†“

Eggs (dozen)

Bird flu volatility

$0.97 in 2000 โ†’ $2.32 BLS avg

+137.9%

Milk (gallon)

$2.79 in 2000 โ†’ $4.10 BLS avg

$3.69 @ King Soopers - Central Park (Nov 2026)

+47.3%

Ground Beef (lb)

$1.48 in 2000 โ†’ $6.75 BLS avg

$6.49 @ King Soopers - Central Park (Nov 2026)

+355.5%

Bread (loaf)

$0.91 in 2000 โ†’ $1.86 BLS avg

$4.99 @ King Soopers - Central Park (Nov 2026)

+105.2%

Chicken Breast (lb)

$1.06 in 2000 โ†’ $2.03 BLS avg

$5.49 @ King Soopers - Central Park (Nov 2026)

+91.3%

Butter (lb)

$3.98 BLS avg

$4.99 @ King Soopers - Central Park (Nov 2026)

-4.2% since 2018

Bacon (lb)

$2.75 in 2000 โ†’ $6.69 BLS avg

$3.99 @ King Soopers - Central Park (Nov 2026)

+143.1%

Cheddar Cheese (lb)

$3.84 in 2000 โ†’ $6.13 BLS avg

$4.00 @ King Soopers - Central Park (Nov 2026)

+59.6%

Pasta (lb)

$0.88 in 2000 โ†’ $1.38 BLS avg

$1.67 @ King Soopers - Central Park (Nov 2026)

+57.1%

Rice (5 lb)

$2.50 in 2000 โ†’ $5.50 BLS avg

$4.72 @ King Soopers - Central Park (Nov 2026)

+120.6%

Coffee (12 oz)

$2.65 in 2000 โ†’ $6.94 BLS avg

$9.19 @ King Soopers - Central Park (Nov 2026)

+161.3%

Orange Juice (64 oz)

Citrus shortage

$5.82 estimate

+43.0% since 2022

Potatoes (5 lb)

$1.96 in 2000 โ†’ $4.95 BLS avg

$2.79 @ King Soopers - Central Park (Nov 2026)

+152.6%

Apples (3 lb)

$5.48 estimate

$3.99 @ King Soopers - Central Park (Nov 2026)

+15.9% since 2022

Tomatoes (lb)

$1.44 in 2000 โ†’ $2.08 BLS avg

$1.79 @ King Soopers - Central Park (Nov 2026)

+44.4%

Lettuce (head)

$0.75 in 2000 โ†’ $1.96 BLS avg

+162.3%

Cooking Oil (48 oz)

$8.35 estimate

$3.79 @ King Soopers - Central Park (Nov 2026)

+44.5% since 2022

Yogurt (32 oz)

$5.70 estimate

$5.29 @ King Soopers - Central Park (Nov 2026)

+25.3% since 2022

Cereal (family size)

$6.93 estimate

$5.00 @ King Soopers - Central Park (Nov 2026)

+33.3% since 2022

Frozen Pizza

$9.38 estimate

$4.99 @ King Soopers - Central Park (Nov 2026)

+39.8% since 2022

Dining & Restaurants

Fast Food Meal

$13.50

Casual Dining

$31.60

Monthly Spend

$525.7

+3.97% YoY

Chain Restaurant Meal Prices โ€” 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $9.38

$15.13

+61.3%

Wendy's

2022: $10.59

$16.34

+54.3%

Chipotle

2022: $11.35

$16.95

+49.3%

Starbucks

2022: $5.63

$7.82

+38.9%

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Looking for an Apartment in Denver?

Average 1BR: $1,558/mo ยท 2BR: $2,242/mo

Browse Denver Apartments โ†’

Local Workforce

2024 ยท BLS QCEW

Total Jobs

565k

Median Weekly Pay

$1,958

$102k/yr

Top Sector

Professional & Business Services

Household vs Worker Pay

$92k

household median

Employment by Sector โ€” Denver

% of local workforce ยท avg weekly wage ยท 5-year growth trend

Professional & Business Services
+18.4% 5yr$2,581/wk
22.9%

~$134k/yr

Trade, Transportation & Utilities
+8.2% 5yr$1,806/wk
17.5%

~$94k/yr

Education & Health Services
+4.1% 5yr$1,355/wk
12.0%

~$70k/yr

Leisure & Hospitality
-2.1% 5yr$936/wk
11.4%

~$49k/yr

Financial Activities
+10.0% 5yr$2,831/wk
8.1%

~$147k/yr

Source: BLS QCEW 2024 Annual ยท County FIPS 08031

Highest Paying Sector

Financial Activities

$2,831/wk ยท $147k/yr

Most Workers (lowest wage)

Leisure & Hospitality

$936/wk ยท $49k/yr

Denver Cost of Living FAQ

Is Denver, CO expensive to live in?

Denver has a cost of living index of 115, where 100 is the US average, so it is about 15% more expensive than average. It is the 2nd most affordable of the 8 Colorado cities we track.

What is the average rent in Denver, CO?

Typical rent in Denver is $1,900 a month for all home types as of September 2026, 2% below the national figure of $1,932. One bedroom units average about $1,558 and two bedrooms about $2,242. Source: Zillow Observed Rent Index for the metro area.

Is rent going up in Denver?

Rent in Denver rose 0.1% over the past year, slower than the 2.7% change nationally.

How much is gas in Denver?

Regular unleaded costs about $3.83 a gallon in Denver as of November 11, 2026, based on the AAA average for Colorado. That is 4% below the national average of $3.98.

How much is electricity in Denver?

Homes in Colorado pay an average of 17.2 cents per kWh (EIA), versus 18.4 cents nationally. At 900 kWh a month, a typical bill in Denver is about $155.

How much is car insurance in Denver?

Full coverage car insurance averages $2,680 a year in Colorado, or about $223 a month (Bankrate and NAIC state average), compared with $2,150 a year nationally.

How much do you need to live in Denver?

Median household income in the Denver area is $91,681 (Census ACS 2023, county level). Rent, gas, groceries, electricity and car insurance add up to about $36,741 a year, or 40% of that income. Groceries are counted at $7,112 a year, the average household spend on food at home in the region (BLS Consumer Expenditure Survey).

How does Denver compare with the rest of Colorado?

Rent in Denver is 3% below the $1,960 average across the 8 Colorado cities we track, and its cost of living index of 115 compares with a state average of 113.

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