Moving from Chicago, IL to Denver, CO
Thinking about moving from Chicago, IL to Denver, CO? Here's how the cost of living compares if you're relocating from Chicago, IL to Denver, CO. This guide breaks down housing, income, taxes, and climate using the latest US government data so you can plan your relocation budget with realistic numbers rather than guesswork.
Salary calculator
How much would you need to earn in Denver, CO to maintain your standard of living from Chicago, IL?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Housing
Median rent is 22% higher in Denver ($1,770) than in Chicago ($1,380). The typical home value is 46% higher in Denver ($586,700) than in Chicago ($315,200). Factor in moving costs, deposits, and the gap between advertised and median rents when you set a housing budget.
Income & jobs
Median household income is 18% higher in Denver ($91,681) than in Chicago ($75,134).
Taxes
The top state income tax rate is 11% lower in Denver (4.40%) than in Chicago (4.95%). State sales tax is 54% lower in Denver (2.90%) than in Chicago (6.25%). Remember that local taxes and your specific bracket change the real picture (Tax Foundation, 2024).
Climate & air quality
Average air quality index is 36% higher in Denver (33.0) than in Chicago (21.0). Lower AQI means cleaner air on a typical day, though seasonal wildfire smoke and pollen can shift this.
Frequently asked questions
How much is rent in Denver, CO?
The median gross rent in Denver is $1,770 per month (US Census ACS).
What salary do you need in Denver, CO?
Median household income in Denver is $91,681. Use the salary calculator on this page to convert your current Chicago pay into the equivalent you'd need in Denver.