Overall
105.8
+5.8 above avg
Cost-of-living indicators for Denver-Aurora-Centennial, CO, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.
CBSA: 19740 · Data year: 2024 · Rank: #24 of 387
Denver-Aurora-Centennial, CO has a cost of living index of 105.8, meaning it's 5.8% more expensive than the national average. Goods cost 1.0% more, services 12.1% less, and rents are 46.9% above average. A $100K national salary has the purchasing power of $94,534 here.
Denver ranks #24 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the top quartile for cost. With an overall Regional Price Parity of 105.8, Denver-Aurora-Centennial, CO is 5.8% more expensive than the national baseline of 100. The gap between Denver's most and least expensive categories — rents at 146.9 versus services at 87.9 — is what drives the household budget experience on the ground, not the single headline number.
Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $94,534 inside Denver, while a household needs roughly $105,782 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 146.9 — 46.9% above the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.
Looking at the 2008-2024 trajectory, Denver's overall index has stayed within 0.0 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 101.0 and services at 87.9, meaning everyday spending in Denver is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.
Regional Price Parity vs national average (100)
BEA RPP composition by goods, services, rents, overall
Overall
105.8
+5.8 above avg
Goods
101.0
+1.0 above avg
Services
87.9
-12.1 below avg
Rents
146.9
+46.9 above avg
Index 105.8 (+5.8 vs national avg)
Index 101.0 (+1.0 vs national avg)
Index 87.9 (-12.1 vs national avg)
Index 146.9 (+46.9 vs national avg)
Vertical line on each bar = national average (100)
$75,000 median income vs RPP 105.8
A $100,000 salary at the national average cost of living equals:
in Denver-Aurora-Centennial, CO purchasing power
Use the salary calculator for custom amounts.
The cost of living has remained relatively stable, changing by only 0.0 points over this period.
| Year | Overall |
|---|---|
| 2008 | 105.8 |
| 2009 | 103.3 |
| 2010 | 101.9 |
| 2011 | 105.0 |
| 2012 | 105.1 |
| 2013 | 104.9 |
| 2014 | 104.8 |
| 2015 | 105.0 |
| 2016 | 105.2 |
| 2017 | 104.3 |
| 2018 | 102.4 |
| 2019 | 104.4 |
| 2020 | 109.4 |
| 2021 | 109.1 |
| 2022 | 107.3 |
| 2023 | 105.8 |
| 2024 | 105.8 |
These metros have an overall RPP closest to Denver-Aurora-Centennial, CO's index of 105.8.
Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.
Read our methodology — how this data is sourced, computed, and verified.