Home / Metros /
2024 BEA RPP All 4 categories Federal source

Denver-Aurora-Centennial, CO

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.

What the Numbers Mean for Denver

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.

Denver Cost Index at a Glance

Denver all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg100105.8

Denver category breakdown

BEA RPP composition by goods, services, rents, overall

Rents146.919Services87.856Goods100.957Overall105.782

Price Index Summary

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

Price Index vs National Average (100)

Overall
National avg

Index 105.8 (+5.8 vs national avg)

Goods
National avg

Index 101.0 (+1.0 vs national avg)

Services
National avg

Index 87.9 (-12.1 vs national avg)

Rents
National avg

Index 146.9 (+46.9 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Above National Average

Rents +46.9% (146.9)
Overall +5.8% (105.8)
Goods +1.0% (101.0)

Below National Average

Services -12.1% (87.9)

Income Adequacy in Denver

Denver income adequacy score

$75,000 median income vs RPP 105.8

0/100100/10096/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$105,782

in Denver-Aurora-Centennial, CO purchasing power

$50,000 nationally
$52,891
$75,000 nationally
$79,337
$125,000 nationally
$132,228
$150,000 nationally
$158,673
$200,000 nationally
$211,564

Use the salary calculator for custom amounts.

RPP History (2008-2024)

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

Related Data for Denver

Frequently Asked Questions

What is the cost of living in Denver-Aurora-Centennial, CO?
Denver-Aurora-Centennial, CO has a Regional Price Parity (RPP) index of 105.8, meaning it is 5.8% more expensive than the national average. Goods are indexed at 101.0, services at 87.9, and rents at 146.9. It ranks #24 out of 387 U.S. metro areas by overall cost.
What salary do I need in Denver-Aurora-Centennial, CO to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $105,782 in Denver-Aurora-Centennial, CO. Conversely, $100K earned in Denver-Aurora-Centennial, CO has the purchasing power of $94,534 at the national average.
How expensive is rent in Denver-Aurora-Centennial, CO?
Rents in Denver-Aurora-Centennial, CO are indexed at 146.9, which is 46.9% above the national average. This is significantly higher than typical U.S. rents.
Is Denver-Aurora-Centennial, CO getting more expensive?
From 2008 to 2024, Denver-Aurora-Centennial, CO's overall cost index changed by +-0.0 points (from 105.8 to 105.8). The cost of living has remained relatively stable.
What costs the most in Denver-Aurora-Centennial, CO?
The most expensive category in Denver-Aurora-Centennial, CO is rents at 146.9, which is 46.9% above the national average. The most affordable category is services at 87.9, 12.1% below average.
What metros have a similar cost of living to Denver-Aurora-Centennial, CO?
Metros with the most similar overall cost index include Manchester-Nashua, Bremerton-Silverdale-Port Orchard, Portland-Vancouver-Hillsboro. These areas have RPP values within a few points of Denver-Aurora-Centennial, CO's 105.8.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

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.

All federal data sources used on this page