So you are thinking of a Denver relocation huh? No shame in that. Denver is one of the hottest locations to move to in the country at this moment. It probably will become the most innovative and fresh city to live in. It seems like everyone just wants to move to a mountain area. The dreams that included living on a beach and drinking a martini are going away. Living in an area where the elevation is higher seems to be really in right now. The mile high city lacks none of that. Additionally, as the former top locations (NYC, LA, Miami etc) are getting much more populated and busy, some people want something less crowded and calm. So should you move to Denver? Let’s find out.
If you are moving to a specific city, one of your main concerns should be its job market. Perhaps even one of the main reasons to move to Denver. There are many things to consider when you are studying a particular job market. Let’s dive deeper into all the facts you must know before you make you consider moving to Denver.
There are three industries that rule the city of Denver. Health care and social assistance; accommodation and food services and professional, scientific and technical services. If you are looking to explore these fields, or if you currently work in one of them, you’re in luck. In regards to how many coworkers you may have; these three areas hold 156,800, 136,700 and 131,800 employees respectfully. Additionally, the unemployment rate stands at 2.6 percent, which is among the lowest in the country, and crucial for a Denver relocation. The average annual salary in Denver is $55,910 while the rest of the country stands at $49,630.
In terms of other things worth mentioning for your move to Denver, the tech giant Lockheed Martin recently moved it’s headquarters to Denver, which leads to more opportunities as well. Denver is also one of the top cities for startups in the USA. Meanwhile, the growing recreational marijuana industry is opening and attracting jobs, young people specifically, to the Denver area as well. If you are in the education track, institutions like the University of Colorado and the University of Denver might be appealing as well and just one of the many reasons to move to Denver.
Cost of living – a key factor if you’re considering a move to Denver
Not too much to explain here. No guide to moving to Denver can go without the cost of living there. How much you need to spend greatly impact your decision when going for your new home. Especially if you are when moving your office or for a job. So how does Denver rank in terms of living cost?
- Home prices – Denver house market has been booming. At the start of the century, the median house price was $145,000. Today, it’s $320,000. As you can see, over the last five years, Denver sales prices have gone up 54.8%, and if you’re a young professional, it might take you a while before you own your home. Take this into consideration for your move to Denver.
- Rent prices – When it comes to the price for a one bedroom apartment, it hovers around $1,220. On the other hand, a two bedroom house will set you back $1,592 a month. Furthermore, a studio costs $1,133. No guide on how to move to Denver can go without this stat.
- Food – If you want to go for a date with someone in a not too fancy restaurant, that will cost you about $60. To reflect, the US average for that type of meal is $45.When it comes to groceries, it’s pretty much the same as in the rest of the country. Milk (regular), (1 liter) is $0,76, a chicken breast (Boneless, Skinless), (1kg) is $7,65, and a loaf of fresh white bread goes for (500g) is $3,06.
If you are moving to Denver with children, education needs to be a priority. Where your kids will go to school or college can greatly impact your decision. Luckily for you, Denver has a higher ranking when it comes to education than most cities its size and population.
When it comes to public schools, Denver has 157 elementary, middle and high schools. If you want to go the private route, there are 220 private schools.
The college scene does not lack in Denver either. There are many colleges in Denver, but the three main ones that set the pace are the University of Colorado Denver, Metropolitan State University of Denver, and Community College of Denver.
There are many ways to get around Denver. Fortunately, most top things to do are within walking distance amongst each other. This makes living in Denver a lot easier. Sightseeing too. On the other side, if you need to use something aside from your two legs, you’re good too. Denver’s light rail system has 9 lines that stop at 53 stations. Additionally, there are 125 bus routes across Denver that even lead to Boulder. When it comes to trolleys, unfortunately, there is not much to talk about in this guide to move to Denver. From a once mighty system, only the open-air Platte Valley Trolley exists.
The cost of using this now luxury is $5 for adults and $2 for children. If you want to get a cab, the meter starts at $2.50 and every additional mile will set you back another $2.25. Pretty much the same as in rest of the cities of Denver’s size. As you can see, exploring the city is comes easily after you move to Denver. Even with these options, renting a car if you wish to visit must-see sights – the Rockies and the South Platte River – is the best route you can go.