Cost of Living in Denver: Updated Prices, Other States Comparison

Denver, known as the Mile High City, is the capital of Colorado, United States. Finding out how much it costs to live in Denver is essential because the city has its unique expenses. The average cost of living per month for one person in Denver is approximately USD 1,292.

Denver not only offers top-notch educational facilities but it also offers affordable living expenses with a secure and amusing environment. If you are considering relocating to Denver for higher studies, the given below recent figures on the cost of living in Denver will be helpful for you to manage the budget accordingly. Let’s get our discussion started right away.

Cost of Living in Denver

On average, the cost of living per month for one person in Denver is approximately USD 1,292 monthly. A one-room rental apartment will cost you around USD 1,200 to USD 2,500. Understanding the expenses of living in Denver is important for students to balance their budget according to the lifestyle they want.

The cost of living in Denver for a single person can vary by many factors including housing, transportation, groceries, health care, utilities and more. While Denver is more affordable than some other US cities, this can vary according to preferences and lifestyle choices. Here are some categories that drive up the cost of living in Denver:

Also Read: Cost of Living in Taiwan: A Guide on Expected Expenses

Costs of Accommodation in Denver

The average cost of accommodation in Denver depends on several factors, such as the location and size of an apartment, and the lifestyle a student follows. However, 1 bedroom apartment in Denver can cost you around 1,200 USD per month, while a 3 BHK apartment can cost up to 2,500 USD. 

The cost of accommodation is a major part of the cost of living in Denver Colorado. By looking at the following table, you can get an idea of ​​what the average cost is to rent a room both inside and outside the city centre:

Apartment	Location	Approx Monthly Cost
Single-Bedroom Apartment	City Centre	USD 2,127
Single-bedroom Apartment	Outside the Centre	USD 1,708
Three -bedroom Apartment	City Centre	USD 3,629
Three -bedroom Apartment	Outside the Centre	USD 3,013

Cost of a Utility in Denver

Denver is somewhat on the edge when it comes to utility spending. Colorado netizens spend approximately USD 191 per month on the basic costs of electricity, water, heating garbage, etc. We have included the cost of utilities in the cost of living in Denver. In the following table, utility costs in Denver are given for your convenience:

Utility Type	Approx Monthly Cost
Basic Utility for an apartment (Cooling, Heating, Water, Electricity, and Garbage)	USD 191
Monthly Mobile Phone Plan with Calls and 10GB+ Data	USD 63
Internet Plan (60 Mbps, Unlimited Data, Cable/ADSL)	USD 72

Cost of Grocery in Denver

How to maintain a grocery budget in Denver is important for expats relocating there as grocery spending can vary according to preferences and quality. Generally, the cost of groceries is a part of the basic cost of living in Denver.

In Denver, the average cost of groceries includes the price of bread, milk, water, fruits, vegetables, and other consumables. The average price of groceries in Denver is shown in the table below:

Grocery Item	Approx Cost
Milk (regular), (1 litre)	USD 1.10
Eggs (regular) (12)	USD 4.27
Apples (1kg)	USD 5.41
Banana (1kg)	USD 1.71
Oranges (1kg)	USD 5.15
Tomato (1kg)	USD 5.83
Potato (1kg)	USD 2.82
Onion (1kg)	USD 2.67
Lettuce (1 head)	USD 1.96
Rice (white), (1kg)	USD 4.82
Loaf of Fresh White Bread (500g)	USD 4.34
Water (1.5 liter bottle)	USD 1.91

Also Read: Cost of Living in Perth: A Comprehensive Guide

Restaurant Food Costs in Denver 

Restaurants in Denver offer a delicious glimpse of the city’s culinary arts and culture at affordable prices. Whether you are enjoying a meal at a restaurant or savouring your favourite street food, Denver’s food scene has something for everyone. The average cost of a meal at a cheap restaurant is around USD 20. Furthermore, a meal for 2 people at a mid-range restaurant, consisting of three main courses, is around USD 80.

Transportation Costs in Denver 

There may be certain costs associated with getting around Denver with public transportation. The cost of using public transportation in Denver depends on factors such as the type of service, distance travelled, and time of day. Usually, a one-way ticket fare in Denver is approximately USD 3.

However, we have included transportation costs in the total cost of living in Denver. But for your reference, we have outlined the average cost of transportation in Denver in the following table:

Mode of Transport	Approx Monthly Cost
One-way Fare Ticket for Local Transport	USD 3.0
Regular Monthly Pass	USD 100.00
Cost of Taxi Start	USD 5.00 (Normal Tariff)
Cost of Taxi 1 km	USD 1.65 (Normal Tariff)
Cost of Taxi 1 hour Waiting	USD 30.00 (Normal Tariff)
Gasoline	USD 0.90 per litre

Cost of Living in Denver Compared to Other States

Generally, Denver offers a relatively affordable cost of living compared to many major metropolitan cities, with abundant opportunities for work and entertainment. For your reference, we’ve given the cost of living in Denver compared to other cities like NYC, San Francisco, Dallas, Seattle, Los Angeles, Chicago, Houston, and Austin. So that you can understand how affordable it is to live in Denver for higher studies compared to other countries or cities. Please have a look:

Cost of living city-wise	Approx Costs	Comparison Cost of Living in Denver
Cost of Living in San Francisco	USD 1,502	Higher than the Denver
Cost of Living in NYC	USD 1,695	Higher than the Denver
Cost of Living in Dallas	USD 1,235	Lower than Denver
Cost of Living in Seattle	USD 1,383	Higher than Denver
Cost of Living in Los Angeles	USD 1,363	Higher than Denver
Cost of Living in Chicago	USD 1,298	Approximately equal to Denver
Cost of Living in Houston	USD 1,108	Lower than Denver
Cost of Living in Austin	USD 1,137	Lower than Denver

Average Cost of Tuition Fees in Denver

One of the main expenses for a student along with the cost of living in Denver is the average cost of tuition fees at universities in Denver. It is also very important to understand the average tuition fees and this can vary depending on the course and level of education.

It is a difficult task to search for the average tuition fees at universities in Denver. That is why the average tuition fees at universities in Denver are given in the table below for your reference.

Name of University in Denver	Approx Tuition Fees
Colorado School of Mines	USD 42,120
University of Denver	USD 59,340
University of Colorado Denver	USD 35,106
Regis University	USD 43,980
Rocky Mountain College of Art and Design	USD 22,607
Colorado Christian University	USD 39,266
Metropolitan State University of Denver	USD 29,630

Understanding and managing Denver’s estimated living expenses is the smart thing to do. By understanding the various costs like housing rent, groceries, transportation, and other essentials, you can enjoy the wonderful culture of Denver without impacting the bank balance.

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FAQs 

So, this was all about the cost of living in Denver. Many Indian students dream of pursuing education in foreign nations due to the exposure and career growth they offer. Consider joining a free counselling session with Leverage Edu if you plan to study abroad.