Cost of living comparison

Cost of Living: Denver, CO vs Philadelphia, PA

Philadelphia is about 3% cheaper than Denver overall.

Comparing Denver, CO and Philadelphia, PA across cost of living, rent, income, and the salary needed to live comfortably. Philadelphia has a lower overall price level, driven mainly by housing.

Side-by-Side Comparison

Metric Denver Philadelphia
Cost of living index105.8102.6
Median rent$1,770$1,323
Rent, 1-bedroom (FMR)$1,754$1,520
Rent, 2-bedroom (FMR)$2,089$1,810
Median home value$586,700$232,400
Median household income$91,681$60,698
Salary needed (single)$70,200$60,800
Salary needed (family)$109,400$86,800

Green highlights the more favorable value for each metric. Lower is better for costs; higher is better for income. Figures are estimates from public data (BEA, Census, HUD).

Which City Is More Affordable?

Overall, Philadelphia is the more affordable of the two, with a cost-of-living index of 102.6 versus 105.8 for Denver. The biggest difference is usually housing, where rents in Denver run noticeably higher.

You can read the full breakdown for each city on its own page: cost of living in Denver and cost of living in Philadelphia.

Frequently Asked Questions

Is it cheaper to live in Denver or Philadelphia?

Philadelphia is about 3% cheaper than Denver overall, based on the BEA cost-of-living index (Philadelphia: 102.6 vs Denver: 105.8).

What is the rent difference between Denver and Philadelphia?

The median rent is $1,770 in Denver and $1,323 in Philadelphia.

How much salary do you need in Denver vs Philadelphia?

A single person needs about $70,200 in Denver and $60,800 in Philadelphia to live comfortably.

Data Sources

Cost-of-living index from the U.S. Bureau of Economic Analysis (Regional Price Parities). Income, rent, and home value from the U.S. Census Bureau (American Community Survey 5-Year). Fair Market Rents from the U.S. Department of Housing and Urban Development.