Are you looking into relocating to either Tacoma or Denver? It is important to consider the cost of living when considering a move. In this article, we will discuss the cost difference between Tacoma and Denver and if one city is more expensive than the other.
Tacoma, Washington has an estimated population of 213,418 and is the third most populated city in Washington State. The cost of living in Tacoma is 1.1% lower than the national average, and the median home cost is $277,000. The median household income in Tacoma is $58,513, and the median rent is $1,287. The cost of groceries in Tacoma is 2.7% higher than the national average.
Denver, Colorado has an estimated population of 716,492 and is the 24th most populated city in the United States. The cost of living in Denver is 4.6% higher than the national average, and the median home cost is $406,000. The median household income in Denver is $67,153, and the median rent is $1,550. The cost of groceries in Denver is 9.1% higher than the national average.
When comparing the cost of living between Tacoma and Denver, Denver has a higher cost of living than Tacoma. Denver is 4.6% higher than the national average, while Tacoma is 1.1% lower than the national average. Median home costs in Denver are $406,000, while the median home costs in Tacoma are $277,000. The median household income in Tacoma is $57,813, while the median household income in Denver is $67,153. The cost of groceries in Denver is 9.1% higher than the national average, while the cost of groceries in Tacoma is 2.7% higher than the national average.
In conclusion, Denver is more expensive than Tacoma. The cost of living and median household income in Denver are both higher than Tacoma. However, Tacoma has a lower median home cost and cost of groceries than Denver. When deciding between relocating to Tacoma or Denver, it is important to consider the cost of living and median household income in each city before making a decision.
Comparing Living Costs: Tacoma Vs Denver
When you’re looking for a place to live, you’ll want to know how much it costs to live in each city. Comparing living costs: Tacoma vs Denver is an important task if you’re considering moving to either city. With that in mind, let’s take a closer look at the cost of living in both Tacoma and Denver.
The cost of living in Tacoma is slightly lower than the national average. The median home cost in Tacoma is around $290,000, and monthly expenses like groceries, utilities, and transportation are also cheaper than the national average.
Meanwhile, in Denver, the cost of living is higher than the national average. The median home cost in Denver is around $400,000, and monthly expenses like groceries, utilities, and transportation are also more expensive than the national average.
Below, you can see a comparison of Tacoma and Denver’s average monthly expenses:
| City | Housing Costs | Groceries | Utilities | Transportation |
|---|---|---|---|---|
| Tacoma | $1,100 | $350 | $150 | $200 |
| Denver | $1,400 | $380 | $150 | $325 |
As you can see, while the differences in housing costs and groceries are significant, the costs of utilities and transportation are about the same in both cities. Other factors, such as the quality of life, job opportunities, and overall cost of living should also be taken into consideration when deciding which city to live in.
Overall, Tacoma is slightly cheaper than Denver when it comes to the cost of living. But each city has its own unique advantages and disadvantages. Before deciding on which city to move to, it’s important to carefully consider all of the factors that go into making a city a great place to live.
Evaluating Housing Costs: Tacoma Vs Denver
Are you considering relocating to either Tacoma or Denver, but are unsure of the cost of housing in each city? Evaluating housing costs between Tacoma and Denver can be confusing. This article will provide a comparison of the costs of housing in both cities.
When comparing housing costs between Tacoma and Denver, the median home price in Tacoma is $309,400 while the median home price in Denver is $444,400. That’s a difference of $135,000. The median rental cost in Tacoma is $1,700 while the median rental cost in Denver is $2,200, a difference of $500. Additionally, the cost of living in Tacoma is 3% lower than in Denver. The difference in housing costs between Tacoma and Denver is due in part to the different taxes in each city, as well as the cost of utilities.
In terms of affordability, Tacoma is the more affordable option. The median household income in Tacoma is $64,000, while the median household income in Denver is $75,000. This means that in Tacoma, the cost of housing is 4.9 times the median household income, while in Denver, it is 5.9 times the median household income. This makes Tacoma the more affordable option overall.
When considering Tacoma vs Denver, housing costs are only one factor. There are many other aspects to consider, such as the quality of life, the cost of living, and the job market. The quality of life is subjective and depends on individual preferences. Tacoma is considered to be a great city for outdoors and nature lovers, while Denver is known for its vibrant cultural and entertainment scene. The cost of living in Tacoma is 3% lower than in Denver, making Tacoma a more affordable option. Additionally, the job market in Tacoma is on the rise, with an unemployment rate of 4.6%. Denver’s unemployment rate is 3.9%.
To summarize, Tacoma is the more affordable option when it comes to housing costs. The median home price in Tacoma is $309,400 while the median home price in Denver is $444,400, which is a difference of $135,000. The median rental cost in Tacoma is $1,700 while the median rental cost in Denver is $2,200, a difference of $500. Additionally, the cost of living in Tacoma is 3% lower than in Denver.
| Cities | Median Home Price | Median Rental Costs | Cost of Living | Median Household Income |
|---|---|---|---|---|
| Tacoma | $309,400 | $1,700 | 3% lower | $64,000 |
| Denver | $444,400 | $2,200 | 3% higher | $75,000 |
When comparing Tacoma and Denver, it’s important to weigh all the factors: housing costs, quality of life, cost of living, and the job market. Ultimately, it depends on what is most important to you.
Tacoma is generally a bit less expensive than Denver.
The average rent for Tacoma is around $1,300, while the average rent for Denver is around $1,550.
Utility costs in Tacoma are generally lower than those in Denver.
Groceries are typically more expensive in Denver than in Tacoma.
Transportation costs in Tacoma are generally less expensive than in Denver.
Entertainment costs are similar in both cities.
A meal out in Tacoma typically costs less than a meal out in Denver.
The average housing cost in Tacoma is about $350,000, while the average housing cost in Denver is around $450,000.
Home goods and furniture are generally more affordable in Tacoma.
The cost of health care is generally higher in Denver than in Tacoma.