Is LoDo (Lower Downtown) Expensive?

Denver, United States

+22% vs Denver avg

Living in LoDo (Lower Downtown), Denver

LoDo (Lower Downtown) is the most expensive area in Denver, with a cost of living index of 80.2 — that is +22% compared to the Denver average. Only the top 2 of 24 neighborhoods cost more. Estimated rent for a one-bedroom apartment here is around $2,318/month, compared to a range of $1,330 in Federal Heights to $2,432 in Cherry Creek.

Monthly Budget Breakdown

For a typical resident of LoDo (Lower Downtown), housing takes up roughly 55% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $92,720 before tax.

Typical Salaries in LoDo (Lower Downtown)

Salaries in LoDo (Lower Downtown) reflect the local cost of living. Based on the neighborhood COLI of 80.2:

After tax and deductions of 25.8% in United States, take-home pay for someone earning $92,720 would be roughly $68,798/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

80.2
COLI Index
1.22x
vs City Avg
$2,318
Est. 1BR Rent
#2
of 24 Areas
25.8%
Total Deductions

Tax & Deductions in LoDo (Lower Downtown)

Estimated annual deductions on a $60,150 salary in LoDo (Lower Downtown), Denver (local employee).

Income Tax
14%
Social Security + Medicare (FICA)
7.7%
State Income Tax (CO)
4.4%
Total Deductions: 25.8%
Est. Take-Home: $44,616/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in LoDo (Lower Downtown) would need to be elsewhere:

City Currency Equivalent
New York USD $60,150
London GBP £51,764
Dubai AED AED 300,978

Other Neighborhoods in Denver

Neighborhood COLI Multiplier vs Avg
Cherry Creek 84.1 1.28x +28%
RiNo (River North) 75.6 1.15x +15%
Hilltop 75.6 1.15x +15%
Highlands 73.6 1.12x +12%
Capitol Hill 72.3 1.10x +10%

View all 24 neighborhoods in Denver →

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Compare LoDo (Lower Downtown)

LoDo (Lower Downtown) vs RiNo (River North) LoDo (Lower Downtown) vs Cherry Creek

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to LoDo (Lower Downtown):

Dún Laoghaire, Dublin Downtown / SoBro, Nashville Uptown, Dallas Glebe, Sydney Bucktown, Chicago Kenwood, Minneapolis

Frequently Asked Questions

Is LoDo (Lower Downtown) expensive in Denver?

Yes, LoDo (Lower Downtown) is one of the more expensive neighborhoods in Denver. It costs about +22% more than the city average, ranking #2 out of 24 neighborhoods.

How does LoDo (Lower Downtown) compare to the Denver average?

The cost of living in LoDo (Lower Downtown) is significantly above the Denver average. With a multiplier of 1.22x, everyday expenses including rent, food, and transportation are +22% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include U.S. Bureau of Labor Statistics · U.S. Census Bureau · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.