How Much Rent Can I Afford on $60,000 in Denver? (2026)

Recommended max rent (30% rule)

$1,500/month

Conservative (25%)

$1,250

Stretch (35%)

$1,750

On a $60,000 salary in Denver, CO, your gross monthly income is $5,000. After taxes, your take-home is $3,981/month.

Calculator: $60k in Denver

Rent Affordability Calculator

Recommended max rent (30% rule)

$1,500/month

Based on $60,000 salary in Denver, CO

Affordability Rating

Comfortable
AffordableTightExpensive

$1,500/mo on $60,000 in Denver

Conservative (25%)

$1,250

Standard (30%)

$1,500

Stretch (35%)

$1,750

Monthly Income Breakdown

Gross Monthly Income$5,000
Federal Tax-$424
State Tax (4.25%)-$213
FICA (Social Security + Medicare)-$383
Net Monthly Take-Home$3,981

Monthly Budget in Denver

Rent (30% rule)$1,500
Utilities$182
Groceries$435
Transportation$845
Healthcare$744
Remaining for Savings & Fun$275

Monthly Take-Home Pay Breakdown

Gross Monthly Income$5,000
Federal Income Tax-$424
State Income Tax (4.25%)-$213
FICA (SS + Medicare)-$383
Net Monthly Take-Home$3,981

Example Monthly Budget in Denver on $60k

Rent (30% of gross)$1,500
Utilities$182
Groceries$435
Transportation$845
Healthcare$744
Remaining (Savings, Fun, etc.)$275

Living in Denver on $60,000

Earning $60,000 in Denver puts you at a modest but workable income level for this metro area. Your monthly take-home of $3,981 means smart spending will stretch your dollar. Under the 30% rule, your target rent is $1,500/month. With only $275 left after necessities, you'll need to be strategic about every dollar. Keep in mind that Denver's 4.25% state income tax will reduce your take-home pay compared to no-tax states like Texas or Florida. Denver is where people go to work hard and play harder. Friday afternoons mean ski gear in the trunk, and weekend hikes are practically mandatory. The craft beer scene is legendary. At this salary, a comfortable 1-bedroom in a decent neighborhood is within reach. For savings, you can start saving while still enjoying occasional dining out.

Cost of Living in Denver, CO (2026)

Denver combines a thriving tech and outdoor lifestyle with mountain access. The Mile High City has a strong job market but higher costs driven by housing demand and a premium outdoor-recreation lifestyle.

Avg 1BR Rent

$2,000

Avg 2BR Rent

$2,259

Utilities/mo

$182

Groceries/mo

$435

Transport/mo

$845

Healthcare/mo

$744

State Tax

4.25%

Sales Tax

8.81%

Outdoor lifestyle capitalBooming tech & aerospaceWorld-class skiing nearby300+ days of sunshine

Frequently Asked Questions