Living Wage Calculation for Denver-Aurora-Lakewood, CO

The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. In households with two working adults, all hourly values reflect what one working adult requires to earn to meet their families’ basic needs, assuming the other adult also earns the same.

The poverty wage and state minimum wage are for reference purposes. Poverty wage estimates come from the Department of Health and Human Services’ Poverty Guidelines for 2024 and have been converted from an annual value to an hourly wage for ease of comparison. The state minimum wage data is sourced from the Labor Law Center and includes the minimum wage in a given state as of January of that year.

For further detail, please reference the Methodology page. The data on this page was last updated on February 14, 2024.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $26.47 $48.74 $62.65 $81.44 $35.36 $42.41 $47.45 $52.26 $17.68 $26.51 $33.71 $40.12
Poverty Wage $7.24 $9.83 $12.41 $15.00 $9.83 $12.41 $15.00 $17.59 $4.91 $6.21 $7.50 $8.79
Minimum Wage $14.42 $14.42 $14.42 $14.42 $14.42 $14.42 $14.42 $14.42 $14.42 $14.42 $14.42 $14.42

Typical Expenses

The table below shows the costs of each basic need that go into estimating the living wage. Like with the living wage, their values vary by location and family size.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $4,595 $6,774 $10,161 $13,505 $8,425 $10,487 $13,506 $16,468 $8,425 $10,487 $13,506 $16,468
Child Care $0 $18,250 $33,705 $45,409 $0 $0 $0 $0 $0 $18,250 $33,705 $45,409
Medical $2,623 $7,784 $7,672 $8,135 $5,496 $7,672 $8,135 $7,730 $5,496 $7,672 $8,135 $7,730
Housing $19,999 $26,549 $26,549 $34,666 $22,134 $26,549 $26,549 $34,666 $22,134 $26,549 $26,549 $34,666
Transportation $9,466 $10,955 $13,800 $15,879 $10,955 $13,800 $15,879 $15,860 $10,955 $13,800 $15,879 $15,860
Civic $3,032 $5,335 $6,715 $7,776 $5,335 $6,715 $7,776 $7,269 $5,335 $6,715 $7,776 $7,269
Internet & Mobile $1,934 $1,934 $1,934 $1,934 $2,529 $2,529 $2,529 $2,529 $2,529 $2,529 $2,529 $2,529
Other $4,739 $8,459 $8,994 $12,431 $8,459 $8,994 $12,431 $11,950 $8,459 $8,994 $12,431 $11,950
Required annual income after taxes $46,388 $86,040 $109,529 $139,735 $63,332 $76,745 $86,804 $96,472 $63,332 $94,995 $120,509 $141,881
Annual taxes $8,669 $15,344 $20,781 $29,661 $10,213 $11,460 $11,894 $12,227 $10,213 $15,270 $19,732 $25,029
Required annual income before taxes $55,057 $101,384 $130,309 $169,397 $73,545 $88,204 $98,699 $108,699 $73,545 $110,265 $140,241 $166,910

Typical Annual Salaries

The average annual salaries for various occupations in the table below comes from the latest state-level data from the Bureau of Labor Statistics’ Occupational Employment and Wage Estimates. When available, this data is specific to a given metro area.

Occupational Area Typical Annual Salary
Management $157,940
Business & Financial Operations $90,740
Computer & Mathematical $115,560
Architecture & Engineering $102,080
Life, Physical, & Social Science $90,980
Community & Social Service $59,070
Legal $139,170
Education, Training, & Library $59,730
Arts, Design, Entertainment, Sports, & Media $75,730
Healthcare Practitioners & Technical $98,890
Healthcare Support $41,050
Protective Service $58,810
Food Preparation & Serving Related $37,640
Building & Grounds Cleaning & Maintenance $39,940
Personal Care & Service $42,330
Sales & Related $66,750
Office & Administrative Support $50,770
Farming, Fishing, & Forestry $42,090
Construction & Extraction $59,110
Installation, Maintenance, & Repair $61,920
Production $48,100
Transportation & Material Moving $51,770