Cost Of Living in Northwestern Denver, CO

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Northwestern Denver	Denver	Colorado
Cost of living	114	133	111
Goods & Services	106	106	104
Groceries	105	105	101
Health care	99	99	100
Housing	140	206	134
Transportation	104	104	105
Utilities	85	85	91

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Cost Of Living Quick Facts

The cost of living in Northwestern Denver is 2% higher than the Denver average
The cost of living in Northwestern Denver is 14% higher than the national average
Northwestern Denver housing is 40% higher than the national average
Colorado general sales tax is 43% lower than the national average
Colorado state income tax is 69% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Household	$62,992	$5,249	$1,470	$1,890

Colorado Sales Tax

State	General Sales Tax	With Max Surtax
Colorado	2.9%	10%

Colorado Income Tax

State	Income Tax (Low)	Income Tax (High)
Colorado	4.4%	4.4%

Goods & Services

Item	Denver	National avg.	Difference
Haircut	$26.81	$24.26	10.5%
Beauty Salon	$50.45	$45.56	10.7%
Toothpaste	$3.70	$3.70	0.1%
Shampoo	$1.27	$1.28	1.1%
Movie	$14.70	$12.13	21.1%
Bowling	$21.40	$18.00	18.9%

Groceries

Item	Denver	National avg.	Difference
Ground Beef	$5.23	$5.84	10.4%
Fried Chicken	$1.40	$1.57	11.2%
Milk	$4.74	$4.67	1.4%
Potatoes	$4.30	$4.93	12.9%
Pizza	$12.87	$12.09	6.5%
Beer	$10.67	$10.41	2.5%

Health Care

Item	Denver	National avg.	Difference
Optometrist	$121.38	$125.68	3.4%
Doctor	$116.64	$135.78	14.1%
Dentist	$126.27	$113.29	11.5%
Ibuprofen	$10.88	$10.65	2.1%
Lipitor	$447.94	$468.60	4.4%

Housing

Item	Denver	National avg.	Difference
Home Price	$427,600.00	$184,700.00	131.5%
Avg. Mortgage Payment	$3,151.90	$2,346.69	34.3%
Apartment Rent	$1,397.00	$949.00	47.2%

Transportation

Item	Denver	National avg.	Difference
Gasoline	$3.67	$3.46	5.9%
Tire Balancing	$60.05	$59.92	0.2%

Utilities

Item	Denver	National avg.	Difference
All Electricity	$145.02	$193.99	25.2%
Phone	$194.36	$192.25	1.1%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Glendale CDP, CO	78	102	2.3%
Eldorado Springs, CO	325	100	0.1%
Lakeside, CO	6	85	14.8%
Federal Heights, CO	13,537	91	9.4%
North Washington, CO	663	95	4.5%
Denver, CO	715,878	133	33.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Washington, DC	701,974	164	63.7%
Brampton, ON	735,754	n/a
Vancouver, BC	694,440	n/a
Seattle, WA	741,251	180	80.4%
Boston, MA	689,326	166	65.5%
Denver, CO	715,878	133	33.5%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Northwestern Denver, Denver, CO