Denver, CO vs Miami, FL
Compare rent, home prices, and affordability for up to 3 US cities.
The Verdict
Denver, CO is cheaper — a 2-bedroom averages $2,140/mo versus $2,329/mo in Miami, FL, 8% ($189/mo) less. Over a year that is $2,268 more in rent for the same size unit.
Income Needed
To rent a 2-bedroom without exceeding the 30% rule, you need about $93,160/year in Miami, FL versus $85,600/year in Denver, CO — a $7,560 difference in required salary.
Home Prices
The median home costs $539,712 in Denver, CO versus $581,864 in Miami, FL — 8% higher. Buyers priced out of Miami, FL may find Denver, CO more attainable.
Select Cities (2/3)
Denver, CO
Miami, FL
| Metric | Denver CO | Miami FL |
|---|---|---|
| Studio Rent | $1,639✓ | $1,711 |
| 1BR Rent | $1,789✓ | $1,898 |
| 2BR Rent | $2,140✓ | $2,329 |
| 3BR Rent | $2,794✓ | $3,008 |
| 4BR Rent | $3,127✓ | $3,527 |
| Median Home Value | $539,712✓ | $581,864 |
| Price per sqft | — | — |
| Median Income | $102,339 | $73,481✓ |
| Income to Rent 2BR | $85,600/yr✓ | $93,160/yr |