SpendVerdict

Salary guide · US

What salary do you need to live in Denver?

Rent in Denver ranges from $1,100 to $3,200/month. The salary you need depends on which tier you're aiming for. The median Denver renter spends 30% of income on rent — within the 30% guideline.

Salary thresholds for Denver

Minimum / budget$37,714/yr

Afford the cheapest 10% of rentals ($1,100/mo) spending 35% of income

Tight but possible in budget-end areas

Comfortable$76,000/yr

Afford median rent ($1,900/mo) at the recommended 30% rule

Standard benchmark for financial stability

Spacious / premium$153,600/yr

Afford upper-tier rent ($3,200/mo) spending 25% of income

Room for savings and lifestyle spending

How Denver renters actually spend

Bottom 25% of renters spend22% of income
Median renter spends30% of income
Top 25% of renters spend40% of income

Source: US Census ACS 2022 + Zillow Observed Rent Index · 2022–2023

Context: Denver median income

City median annual income$68,000/yr

The "comfortable" salary threshold aligns closely with the city median income, suggesting housing is reasonably attainable for typical earners in Denver.

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Frequently asked questions

What is the minimum salary to live in Denver?

To afford budget-level accommodation (bottom 10% of the market, around $1,100/month) without spending more than 35% of income on rent, you need roughly $37,714/year gross.

What salary do you need to live comfortably in Denver?

Financial advisors typically recommend spending no more than 30% of gross income on rent. At Denver's median rent of $1,900/month, that requires a gross annual salary of at least $76,000.

Is $68,000/year enough to live in Denver?

The city median income of $68,000/year is below the $76,000 needed to comfortably afford median rent at 30%. This is why 30% of Denver renters spend more than the 30% guideline on housing.

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