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COST & RELOCATION RESEARCH / OFFICIAL METRO DATA

New York vs. Denver: cost of living and salaries

Compare price levels, housing and pay across the New York and Denver metropolitan areas. The figures are not city-limit estimates or a personal move recommendation.

At a glance

New York is 6.4% more expensive than Denver on BEA’s overall price index, but Denver has the higher median rent, by $44 a month.

Price parity is 112.6 in New York and 105.8 in Denver (U.S. = 100); median gross rent is $1,830 and $1,874 a month.

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Price index and rent come from different surveys and describe metro averages; neither predicts a household’s own costs.

Sources: BLS wages (May 2025) · BEA price parity (2024) · Census ACS (2020–2024) · metro areas, not city limits · How we calculate

NEW YORK PRICE PARITY112.6BEA 2024; U.S. = 100
DENVER PRICE PARITY105.8BEA 2024; U.S. = 100
RENT MEDIAN GAP$44/moACS metro estimates; not a rental quote

Cost of living: New York vs. Denver

Using 2024 BEA regional price parities, New York has an all-items metro price level about 6.4% higher than Denver relative to the same national benchmark. This is a ratio of broad price indexes, not a forecast of what a specific household would spend. Denver has a $44 higher reported monthly metro-wide median gross rent than New York. The metro with the higher broad price parity does not have the higher ACS rental median. That is why the index and rent should be examined separately.

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Official metro indicator / New York
Official metro indicatorNew YorkDenver
BEA 2024 all-items price parity112.6105.8
ACS 2020–2024 median gross rent / month$1,830$1,874
ACS gross-rent margin of error± $5± $9
ACS median household income (± MOE)$99,155 ± $487$105,762 ± $739
ACS 45+ minute commute share32.4%15.4%

These figures cover the New York-Newark-Jersey City, NY-NJ and Denver-Aurora-Centennial, CO metropolitan areas, not the named cities alone. ACS gross rent includes estimated utilities and is not an asking rent; sampling uncertainty means small gaps may not be meaningful.

What a salary in New York is worth in Denver

BEA’s 2024 all-items parity is 112.6 for New York and 105.8 for Denver, so matching on that index takes about 6.0% less gross pay in Denver than in New York. Twelve months of median gross rent is 22.1% of median household income in New York and 21.3% in Denver (renter rent over all-household income, so a rough contrast rather than a budget).

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New York and Denver equivalent salaries
Gross pay in New YorkSame index value in DenverGross pay in DenverSame index value in New York
$50,000$46,988$50,000$53,205
$75,000$70,482$75,000$79,808
$100,000$93,976$100,000$106,410
$150,000$140,964$150,000$159,616
$200,000$187,952$200,000$212,821

Equal index value is not equal take-home pay: taxes, benefits and housing choices differ.

Median gross rents differ by $44 a month ($528 over twelve months). That gap is already part of the price index, so do not subtract it again; use real quotes in the worksheet.

How do salaries differ between New York and Denver?

79 of 80 curated occupations have a reported annual median wage in both metros. The 12 examples below are the most common jobs in the smaller metro, not the highest- or lowest-paid.

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BLS occupation / New York median
BLS occupationNew York medianDenver medianNew York adjustedDenver adjusted
Retail Salespersons$38,280$38,470$34,008$36,367
Registered Nurses$119,720$101,130$106,358$95,602
Software Developers$166,830$137,610$148,210$130,088
Customer Service Representatives$49,590$48,590$44,055$45,934
General and Operations Managers$157,000$142,330$139,477$134,550
Accountants and Auditors$105,650$100,020$93,859$94,553
Project Management Specialists$126,660$116,740$112,524$110,359
Laborers and Freight, Stock, and Material Movers, Hand$43,290$46,290$38,458$43,760
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products$81,140$81,060$72,084$76,629
Market Research Analysts and Marketing Specialists$100,520$99,040$89,301$93,627
Office Clerks, General$47,670$53,990$42,350$51,039
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive$51,440$49,760$45,699$47,040

The price-adjusted wage equals the BLS May 2025 annual occupational median × 100 ÷ the BEA 2024 all-items regional price parity. Census rent, household income and commuting figures are ACS 2020–2024 five-year estimates. They describe different populations and do not determine take-home pay, employment prospects or individual rent. ACS gross rent includes contract rent plus estimated utility and fuel costs.

What changes after adjusting wages for regional prices?

Among the 12 displayed, matched BLS occupations, 5 have a different leading metro for nominal versus price-adjusted median wages, and 7 keep the same leader. Adjusted values divide each median by the metro’s BEA parity; they are not tax-adjusted.

Where the price-adjusted gap is largest

Across the 79 occupations with a reported median in both metros, New York has the higher price-adjusted median in 38 and Denver in 41. For the typical occupation (the median of the occupation-by-occupation differences), the adjusted median in New York is 0.7% lower than in Denver.

The table lists the eight occupations with the largest percentage differences, in either direction. A large gap can reflect a small local employer base, so check the career page before drawing conclusions.

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New York and Denver largest adjusted gaps
BLS occupationNew York adjustedDenver adjustedHigher inDifference
Personal Financial Advisors$151,071$93,343New York61.8%
Operating Engineers and Other Construction Equipment Operators$84,442$60,577New York39.4%
Mechanical Engineers$97,714$121,174Denver24.0%
Pharmacy Technicians$39,658$48,184Denver21.5%
Respiratory Therapists$98,158$81,176New York20.9%
Office Clerks, General$42,350$51,039Denver20.5%
Secondary School Teachers, Except Special and Career/Technical Education$89,550$74,899New York19.6%
Pharmacists$125,547$149,260Denver18.9%

Difference is the gap relative to the lower of the two adjusted medians.

Which jobs are more common in New York or Denver

Raw employment counts mostly track metro size. To compare, this table divides BLS estimated employment by ACS commuting workers (jobs per 10,000 commuters). Of the 75 occupations with at least 1,000 estimated workers in both metros, these are the most over-represented in each.

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New York and Denver occupation concentration
BLS occupationNew York per 10,000Denver per 10,000More common inRatio
Marketing Managers69.233.6New York2.1×
Financial Managers113.859.6New York1.9×
Licensed Practical and Licensed Vocational Nurses41.021.5New York1.9×
Electronics Engineers, Except Computer2.930.3Denver10.4×
Computer Network Architects12.981.6Denver6.3×
Mechanical Engineers8.836.0Denver4.1×

A rough size scaling, not a formal location quotient. Employment estimates are not job openings.

Investigate a specific career before deciding

Open the dashboard with a role and both metros already selected. Amounts you enter stay in your browser.

Moving between New York and Denver: what should you check?

The checklist works in either direction. Get written offers and current rent quotes for the neighborhoods you would consider; metro medians are not listings. The full offer checklist covers taxes, benefits and one-time costs.