Should You Move to Denver? How to Decide
Whether or not you decide to move to Denver depends on your unique situation, lifestyle, and preferences. Here's a simple, step-by-step guide to decide if moving to Denver aligns with your budget, career, and day-to-day life.
Step 1 — List Your Priorities
Before you get lost in neighborhood guides and job listings, take a moment to look at your priorities. What is driving your desire to move, and what do you need from a new city? Start by ranking these factors from most to least important for you:
- Affordability: Includes rent or mortgage targets, monthly bills, and savings goals.
- Career growth: Keep in mind that, in addition to considering industry fit, promotion pathways, networking, and remote options for yourself, your family also needs to be able to find jobs in their fields.
- Lifestyle: Denver’s amenities include access to the outdoors, live music, restaurants, sports, and dog-friendly spaces.
- Family needs: Consider school quality, daycare costs, parks, and proximity to relatives.
- Climate: You’ll have to deal with dry air, cold snaps, hail, and sunny days with high UV if you decide to move to Denver.
Give each a 1 to 5 rank. If two priorities tie, ask which one would still matter 5 years from now.
Step 2 — Consider the Pros and Cons of Living in Denver
Take the pros and cons we outlined earlier and weigh them against your personal values. For instance, if you love skiing and hiking, the outdoor access may outweigh the higher housing costs. If you dislike snow, the weather may be a deal-breaker, no matter what else the city has to offer. Be honest with yourself about how each point would genuinely impact your day-to-day happiness.
Also, keep in mind:
- Denver's altitude can affect health and fitness.
- The city's growth means more competition for housing and jobs.
- On the plus side, Denver's community is welcoming and active, which can make it easier to build a social network.
Step 3 — Crunch the Numbers
Now it’s time to consider if you can afford to live in Denver. Use the cost of living data above and online cost of living calculators to get a realistic sense of your potential expenses. Your budget should include all of the following:
- Housing costs: Research actual rental or purchase prices in neighborhoods that match your preferences and commute needs.
- Health care expenses: Compare insurance costs and provider networks if you have specific medical needs.
- Transportation costs: Factor in car ownership, insurance, public transit, and commuting expenses based on your likely work location.
- Discretionary spending: Consider how Denver's recreational opportunities, dining scene, and entertainment options might affect your budget.
Compare your estimated monthly spending in Denver to your current expenses. Will your potential salary in Denver cover these costs while still allowing you to meet your savings goals? This isn't the most exciting step, but it's one of the most important for ensuring your move is financially sound.
Step 4 — Consider Your Career
Your employment situation will heavily influence your moving plan. Ask yourself these questions:
- Are you seeking a new job? Start researching Denver-based companies in your field. Browse LinkedIn and other job boards to see what the demand and salary ranges look like for your role.
- Can you work remotely? If you have a remote job, you have more flexibility. However, confirm with your employer if there are any salary adjustments for moving to a new location.
- Are you transferring with your current company? This is often the smoothest transition. Talk to your HR department about relocation packages and support.
Consider whether Denver offers genuine career advancement opportunities or simply a change of scenery. The city's strong job market is great, but it's important that you know how your specific skills and career goals fit into Denver's economy before you commit. And remember, if you’re moving with family, they also have careers they’ll need to consider.
Step 5 — Review Neighborhoods and Lifestyle Fit
Denver is diverse, with neighborhoods ranging from historic to modern, family-friendly to nightlife-heavy. Align your neighborhood search with your values. For example, Capitol Hill is great for young professionals, while North Park Hill mostly appeals to families.
Start exploring online, reading blogs, and watching videos about different Denver neighborhoods. Think about your daily commute, access to your favorite activities, such as parks or gyms, and the overall vibe. We have a mini-guide later in this article to give you a head start.
Step 6 — Do a Test Run Before Committing
If possible, visit Denver before you hire the movers. But don't treat it like a vacation. Instead, spend at least a week there and try to live like a local. Here are some tips on how to make the most of your visit:
- Explore neighborhoods you're considering at different times of the day. How does it feel on a Tuesday morning versus a Saturday night?
- Try the commute from a potential neighborhood to a potential workplace during rush hour.
- Visit a grocery store and check out the prices.
- Talk to people. Strike up conversations with baristas, shop owners, or people at a local park. Ask them what they love about living in Denver and what they find challenging. This firsthand insight is invaluable.
- If you work remotely, maintain your regular work schedule while exploring the city to understand how daily life would actually function.
Step 7 — Think About Your Long-Term Goals
A move isn't just about the next year; it determines your future. Consider how Denver aligns with your long-term plans.
- Career: Denver's tech sector continues expanding, but consider whether your specific skills will remain in demand as the market matures.
- Housing: Research historical appreciation rates and future development plans that might affect property values in your target neighborhoods.
- Family: If you plan on starting or growing your family, are the schools, communities, and family-friendly amenities a good fit?
- Climate: Consider long-term environmental factors like water scarcity and wildfire risk in the West.
If your 5- and 10-year outlooks are good and the budget checks out, you can be sure that Denver is a smart and sustainable move for you.