Cost of Living in Denver, PA

With a cost of living index of 90, Denver, PA is slightly more affordable than average. Living here is 10% cheaper than the national average and 7% above the Pennsylvania state average of 83. Denver is a small community of 3,775 residents.

Housing costs are the biggest factor in Denver's cost of living. The median monthly rent is $1,243 (6% below the US median of $1,319), and the median home value sits at $228,200 (25% below the national median of $304,900). At current prices, the median home costs roughly 2.6x the median household income — well within traditional affordability guidelines.

The median household income in Denver is $88,201, which is 17% higher than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Denver. The area sees an average annual temperature of 53.3°F, with summers averaging 73°F and winters around 33°F. Annual rainfall totals 42.1 inches spread over roughly 133 days.

Everyday prices in the Lancaster, PA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.