Salary Needed to Live Comfortably in Denver, CO

Annual salary needed

$96,591

$8,049/month

vs. national avg: -4%vs. local median salary: +$35,481

Monthly Budget Breakdown (50/30/20)

CategoryMonthlyAnnual
Needs (50%)
Housing (2BR FMR)$2,089$25,068
Food$287$3,445
Transportation$1,074$12,883
Healthcare$219$2,626
Utilities$168$2,022
Other Necessities$188$2,252
Wants (30%)$2,415$28,977
Savings (20%)$1,610$19,318
Total$8,049$96,591

National average salary needed: $100,497/year · Local median salary: $61,110/year

Detailed analysis for Denver is being generated. Check back shortly.

Frequently Asked Questions

What salary do you need to live comfortably in Denver, CO?
Based on the 50/30/20 budget rule, you need approximately $96,591 per year ($8,049 per month) to live comfortably in Denver. This covers all necessities, discretionary spending, and savings.
How much does housing cost in Denver?
A 2-bedroom apartment in Denver costs approximately $2,089 per month based on HUD Fair Market Rent data. Housing is typically the largest expense, making up about 26% of the total monthly budget.
Is Denver more expensive than the national average?
No, Denver is about 4% less expensive than the national average. The national average salary needed is $100,497, compared to $96,591 in Denver.

Data last computed: April 5, 2026