Photo by Jake Knight-Lang on Unsplash (https://unsplash.com/@midknightmedia)
Denver, Colorado Retirement Guide
Retirement Score
Denver, Colorado at a Glance
- Median Home Price
- $599,500
- State Income Tax
- State income tax; Social Security partially exempt for seniors; limited pension deduction.
- Avg January Low
- 10.6°F
- Cost of Living Index
- 102.3 (US avg = 100)
- RetireCityIQ Score
- 30 / 100
Overview
Explore the key retirement factors for Denver, Colorado, including cost of living, taxes, healthcare quality, and climate data.
Cost of Living
Affordability Metrics
Denver's cost of living is 2.299999999999997% above the national average. For a detailed breakdown of expenses, see our cost of living methodology.
Housing
Real Estate & Housing
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in Denver using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$1,299
Stress-case monthly carrying cost
$1,459
Median home price used: $599,500
Median rent reference: $1,711 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.
Budget validation
Calculate if your savings last in this city
Use RetireFree to test whether your portfolio can support retirement in Denver, Colorado after local housing costs, taxes, healthcare, inflation, and withdrawal timing.
Open the RetireFree Calculator →Healthcare
Access & Quality
Quality of care and specialist availability are critical for a successful retirement. Denver scores 11.6 out of 100 for healthcare access.
Care planning link
Find local assisted living in Denver
If your city research includes aging parents, future care needs, or a move closer to family, compare local care options alongside housing and healthcare access.
Assisted living in Denver →Taxes
State Tax Climate
Colorado has a tax environment that is moderate for retirees.
Climate
Weather & Environment
With 326 sunny days a year and an average January low of 10.6°F, Denver offers a traditional winter climate.
Safety & Walkability
Community Safety
Walkability
Demographics
Population Profile
Diversity Breakdown
Frequently asked questions about retiring in Denver
What is the cost of living in Denver, Colorado for retirees?▾
The cost-of-living index is 102, roughly 2% above the national average of 100. Median home price is around $599,500.
Does Colorado tax Social Security or retirement income?▾
For Colorado residents: State income tax; Social Security partially exempt for seniors; limited pension deduction.
What is the climate like in Denver, Colorado?▾
Denver, Colorado has January average low around 11°F, July average high around 89°F. Climate normals are based on 30-year averages from NOAA's National Centers for Environmental Information.
What is healthcare access like in Denver, Colorado?▾
Denver scores 12/100 on the RetireCityIQ healthcare access index — a limited score. The index combines CMS hospital quality ratings, Medicare Advantage plan availability, and hospitals per 100,000 residents (KFF + CMS data).
Local Professionals
Financial Advisors
PARAGON CAPITAL MANAGEMENT
LARIMER CAPITAL CORPORATION
LARIMER CAPITAL CORP
SHELTON CAPITAL MANAGEMENT
CCM PARTNERS, LP
+20 more financial advisors available