Cheaper Alternatives to Denver

Looking for cheaper alternatives to Denver? Its cost index is 128 — that's 28% above the national average. These 5 cities offer a similar experience at a fraction of the price.

Denver Monthly
~$3,750
Avg Alternative
~$2,588
Avg Savings
31%
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5 Cities Like Denver, But Cheaper

#1

Albuquerque, NM

west · Pop: 565K · Index: 93
B+
Monthly Savings
$1,025
Annual Savings
$12,300
Cost Index
93
% Cheaper
-27%

Albuquerque offers 27% lower costs than Denver while staying in the same region. That's $12,300 back in your pocket each year — enough for a down payment fund.

#2

Tucson, AZ

west · Pop: 543K · Index: 93
B+
Monthly Savings
$1,025
Annual Savings
$12,300
Cost Index
93
% Cheaper
-27%

Tucson offers 27% lower costs than Denver while staying in the same region. That's $12,300 back in your pocket each year — enough for a down payment fund.

#3

Memphis, TN

south · Pop: 633K · Index: 82
A
Monthly Savings
$1,347
Annual Savings
$16,164
Cost Index
82
% Cheaper
-36%

Memphis offers 36% lower costs than Denver in the south. That's $16,164 back in your pocket each year — enough for a down payment fund.

#4

El Paso, TX

south · Pop: 679K · Index: 86
A
Monthly Savings
$1,230
Annual Savings
$14,760
Cost Index
86
% Cheaper
-33%

El Paso offers 33% lower costs than Denver in the south. That's $14,760 back in your pocket each year — enough for a down payment fund.

#5

Oklahoma City, OK

south · Pop: 681K · Index: 87
A
Monthly Savings
$1,201
Annual Savings
$14,412
Cost Index
87
% Cheaper
-32%

Oklahoma City offers 32% lower costs than Denver in the south. That's $14,412 back in your pocket each year — enough for a down payment fund.

Why Consider Alternatives to Denver?

Denver is 28% above the national average. For many people, that premium buys access to a strong job market, cultural amenities, and networking opportunities. But if you work remotely, are retired, or can find equivalent opportunities elsewhere, the cost difference is significant.

A family spending $3,750/month in Denver could save $1,025/month in Albuquerque — that's $12,300/year that could go toward retirement, education, or investments.

Frequently Asked Questions

What cities are similar to Denver but cheaper?

The top affordable alternatives to Denver include Albuquerque, Tucson, Memphis. These cities share a similar vibe but cost 27-32% less overall.

How much can I save by moving from Denver?

Depending on the alternative city, you could save $12,300-$14,412 per year on living expenses by choosing a lower-cost alternative to Denver.

Is it worth leaving Denver for a cheaper city?

It depends on your situation. If you work remotely, are retired, or can find similar job opportunities elsewhere, the savings can be substantial. Consider factors like career prospects, quality of life, and proximity to family.

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