CostIndexUSA

Boston, MA vs Denver, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MA
Boston
108.3
overall index
$3,050/mo rent
More AffordableCO
Denver
105.8
overall index
$1,850/mo rent

Denver is slightly cheaper than Boston — 2.3% lower overall cost of living.

To match an $80,000 salary in Boston, you would need $78,200 in Denver. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing1.0%
Boston
148.4
Denver
146.9
🛒 Groceries+1.3%
Boston
99.7
Denver
101
🚗 Transportation4.0%
Boston
108.8
Denver
104.4
🏥 Healthcare4.0%
Boston
98.4
Denver
94.5
Utilities40.9%
Boston
148.8
Denver
87.9

Salary Equivalency Calculator

Enter your current salary in Boston to see what you'd need to earn in Denver to maintain the same purchasing power.

$
Equivalent salary in Denver, CO
$78,200
$1,800 less needed in Denver

Formula: salary × (105.8 ÷ 108.3) = salary × 0.9769. Based on BEA Regional Price Parities.

Housing Market

Boston, MA

Median Home Price
$709,000
Median Monthly Rent
$3,050
Housing Index
148.4
Price-to-Rent Ratio
19.4×

Denver, CO

Median Home Price
$559,000
Median Monthly Rent
$1,850
Housing Index
146.9
Price-to-Rent Ratio
25.2×

Boston has 1.0% lower housing costs compared to Denver.

Income & Job Market

Boston, MA

Median Household Income
$110,700
Per Capita Income
$63,100
Unemployment Rate
3.8%
Population
692,600
Top Industries
HealthcareEducationFinanceTechnologyBiotechnology

Denver, CO

Median Household Income
$103,100
Per Capita Income
$58,800
Unemployment Rate
3.6%
Population
715,522
Top Industries
TechnologyAerospaceEnergyHealthcareTourism

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Boston, MA
3.0×income-to-rent ratio

67% of income left after rent (median)

Denver, CO
4.6×income-to-rent ratio

78% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.