This Is The Most Expensive City In Colorado

One of the key considerations before moving to another place is how much it's going to cost to live there. Metro cities offer many features and amenities, from nationally-recognized sites and restaurants to public transit and unique cultures. Depending on where you live, however, it could be more pricey.

That's why 24/7 Wall St. analyzed data to find the most expensive city in every state. Here's how they conducted their research:

"To determine the most expensive city in every state, 24/7 Wall St. reviewed cost of living from the Bureau of Economic Analysis. Metropolitan areas were ranked based on the regional price parity for all goods and services in 2019. Supplemental data on median household income and poverty rate came from the U.S. Census Bureau’s 2020 American Community Survey based on five-year averages."

According to researchers, Colorado's most expensive city is Denver!

They also broke down the stats for the metro area:

• Cost of living in Denver-Aurora-Lakewood: 7.3% more expensive than the U.S. average
• Cost of living in Colorado: 2.9% more expensive than the U.S. average
• Poverty rate: 8.3% (state: 9.8%)
• Median household income: $83,289 (state: $75,231)

Check out the full report on 24/7 Wall St's website.